Ponce Financial Group Inc reports results for the quarter ended in September 30 - Earnings Summary

Ponce Financial

31/10/2024 02:48

* Ponce Financial Group Inc  PDLB.OQ  reported quarterly
adjusted
earnings of 10 cents​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 12 cents.  The lone analyst forecast for the
quarter was for earnings of 7 cents per share. 
    * Revenue rose 15% to $19.02 million from a year ago;
analysts
expected $18.00 million. 
    * Ponce Financial Group Inc's reported EPS for the quarter
was 10
cents​.
    * The company reported quarterly net income of $2.15
million.
    * Ponce Financial Group Inc shares had fallen by 2.3% this
quarter and gained 17.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "strong buy"

Wall Street's median 12-month price target for Ponce Financial
Group Inc is 11.00 
This summary was machine generated from LSEG data October 31 at
02:48 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      0.07           0.10           Beat
 Jun. 30 2024      0.01           0.14           Beat
 Mar. 31 2024      -0.03          0.11           Beat
 Dec. 31 2023      0.01           0.02           Beat