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

Peoples Bancorp

23/07/2024 14:30

* Peoples Bancorp Inc  PEBO.OQ  reported quarterly adjusted
earnings of 82 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 65 cents.  The mean expectation of six analysts
for the quarter was for earnings of 85 cents per share. Wall
Street expected results to range from 82 cents to 86 cents per
share.
    * Revenue rose 4.2% to $110.32 million from a year ago;
analysts
expected $110.93 million. 
    * Peoples Bancorp Inc's reported EPS for the quarter was 82
cents​.
    * The company reported quarterly net income of $29.01
million.
    * Peoples Bancorp Inc shares had risen by 11.1% this
quarter and
lost 1.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for Peoples Bancorp
Inc is $33.00 
This summary was machine generated from LSEG data July 23 at
01:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.85           0.82           Missed
 Mar. 31 2024      0.80           0.84           Beat
 Dec. 31 2023      0.96           0.96           Met
 Sep. 30 2023      0.92           0.90           Missed