Ponce Financial Group Inc reports results for the quarter ended in December - Earnings Summary

Ponce Financial

07/03/2022 12:00

* Ponce Financial Group Inc  PDLB.OQ  reported quarterly
adjusted
earnings of 64 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for earnings of 69 cents per share.
    * Revenue rose 43.8% to $16.78 million from a year ago; 
analysts
expected $18.25 million. 
    * Ponce Financial Group Inc's reported EPS for the quarter
was 64
cents​.
    * The mean earnings estimate of analysts had risen by
about 19.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Ponce Financial Group Inc shares had risen by 0.1% this
quarter.
    * The company reported quarterly net income of $14.98
million.
    * Wall Street's median 12-month price target for Ponce
Financial
Group Inc is $13.13 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated March 7 at 12:00 p.m.  ​All
figures in US dollars unless otherwise stated