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

Pacific Premier Bancorp

21/10/2022 02:37

* Pacific Premier Bancorp Inc  PPBI.OQ  reported quarterly
adjusted earnings of 77 cents​​ per share for the quarter ended
in September. The mean expectation of seven analysts for the
quarter was for earnings of 76 cents per share.
    * Revenue rose 7.1% to $181.11 million from a year ago;
analysts
expected $178.87 million. 
    * Pacific Premier Bancorp Inc's reported EPS for the quarter
was
77 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Pacific Premier Bancorp Inc shares had risen by 11.9% this
quarter and lost 13.5% so far this year.
    * The company reported quarterly net income of $73.36
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 October
21 at 01:37 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.84           0.89           Beat