Peoples Bancorp Inc reports results for the quarter ended in September 30 - Earnings Summary

Peoples Bancorp

23/10/2024 05:20

* Peoples Bancorp Inc  PEBO.OQ  reported quarterly adjusted
earnings of 89 cents​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 90 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 82 cents per
share. Wall Street expected results to range from 81 cents to 85
cents per share.
    * Revenue fell 2.4% to $113.71 million from a year ago;
analysts
expected $111.68 million. 
    * Peoples Bancorp Inc's reported EPS for the quarter was 89
cents​.
    * The company reported quarterly net income of $31.41
million.
    * Peoples Bancorp Inc shares had risen by 1.2% this
quarter and
lost 9.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "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 $33.50 
This summary was machine generated from LSEG data October 23 at
04:20 a.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
 Sep. 30 2024      0.82           0.89           Beat
 Jun. 30 2024      0.85           0.82           Missed
 Mar. 31 2024      0.80           0.84           Beat
 Dec. 31 2023      0.96           0.96           Met