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

Ponce Financial

30/10/2023 22:54

* Ponce Financial Group Inc  PDLB.OQ  reported quarterly
adjusted
earnings of 12 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was for a
loss of 7 cents per share.
    * Revenue fell 6.1% to $16.54 million from a year ago;
analysts
expected $16.20 million. 
    * Ponce Financial Group Inc's reported EPS for the quarter
was 12
cents​.
    * The mean earnings estimate of analysts was unchanged 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 2.6% this
quarter and lost 18.2% so far this year.
    * The company reported quarterly net income of $2.59
million.
    * Wall Street's median 12-month price target for Ponce
Financial
Group Inc is $11.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 30 at 10:54 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.07          0.12           Beat
 Jun. 30 2023      -0.10          0.00           Beat
 Mar. 31 2023      -0.08          0.01           Beat
 Dec. 31 2022      -0.03          -0.40          Missed