Peoples Bancorp Inc PEBO.OQ reported quarterly adjusted earnings of 59 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 82 cents. The mean expectation of seven analysts for the quarter was for earnings of 77 cents per share. Wall Street expected results to range from 74 cents to 80 cents per share.
Revenue rose 3.8% to $114.46 million from a year ago; analysts expected $113.20 million.
Peoples Bancorp Inc's reported EPS for the quarter was 59 cents.
The company reported quarterly net income of $20.98 million.
Peoples Bancorp Inc shares had risen by 3.3% this quarter and lost 0.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.1% 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 "buy."
Wall Street's median 12-month price target for Peoples Bancorp Inc is $33.00, about 4.4% above its last closing price of $31.55
This summary was machine generated from LSEG data July 22 at 01:31 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)