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

Ponce Financial

10/05/2022 01:01

* Ponce Financial Group Inc  PDLB.OQ  reported quarterly
adjusted
earnings of 29 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 6 cents per share.
    * Revenue rose 34.5% to $17.34 million from a year ago; 
analysts
expected $16.32 million. 
    * Ponce Financial Group Inc's reported EPS for the quarter
was a
loss of 31 cents​.
    * The mean earnings estimate of analysts had fallen by
about 22.1%
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 fallen by 7.7% this
quarter and lost 7.8% so far this year.
    * The company reported a quarterly loss of $6.82 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 May 10 at 12:01 a.m.  ​All
figures in US dollars unless otherwise stated