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

Pacific Premier Bancorp

21/07/2022 14:31

* Pacific Premier Bancorp Inc  PPBI.OQ  reported quarterly
adjusted earnings of 73 cents​​ per share for the quarter ended
in June. The mean expectation of seven analysts for the quarter
was for earnings of 72 cents per share.
    * Revenue rose 7.4% to $172.77 million from a year ago; 
analysts
expected $169.35 million. 
    * Pacific Premier Bancorp Inc's reported EPS for the quarter
was
73 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.7%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Pacific Premier Bancorp Inc shares had risen by 8.5% this
quarter and lost 20.7% so far this year.
    * The company reported quarterly net income of $69.8
million.
    * Wall Street's median 12-month price target for Pacific
Premier
Bancorp Inc is $38.00 
    * 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 July 21 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.72           0.73           Beat
 Mar. 31 2022      0.75           0.70           Missed
 Dec. 31 2021      0.84           0.89           Beat
 Sep. 30 2021      0.83           0.95           Beat
 This summary was machine generated from Refinitiv data July 21
at 01:31 p.m