Pacific Premier Bancorp Inc reports results for the quarter ended in December - Earnings Summary

Pacific Premier Bancorp

26/01/2023 14:30

* Pacific Premier Bancorp Inc  PPBI.OQ  reported quarterly
adjusted earnings of 77 cents​​ per share for the quarter ended
in December. The mean expectation of seven analysts for the
quarter was for earnings of 78 cents per share.
    * Revenue rose 6.3% to $181.40 million from a year ago;
analysts
expected $186.53 million. 
    * Pacific Premier Bancorp Inc's reported EPS for the quarter
was
77 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Pacific Premier Bancorp Inc shares had fallen by 4.1% this
quarter.
    * The company reported quarterly net income of $73.67
million.
    * Wall Street's median 12-month price target for Pacific
Premier
Bancorp Inc is $36.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
26 at 02:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.78           0.77           Missed
 Sep. 30 2022      0.76           0.77           Beat
 Jun. 30 2022      0.72           0.73           Beat
 Mar. 31 2022      0.75           0.70           Missed