Preferred Bank expected to post earnings of $1.62 a share - Earnings Preview

Preferred Bank

18/10/2021 21:04

* Preferred Bank  PFBC.OQ   PFBC.O  is expected to show a rise
in quarterly revenue when it reports results on October 20. 
* The Los Angeles, California-based company is expected to
report  a 9.7% increase in revenue to $48.39 million from $44.12
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Preferred Bank is for
earnings of $1.62 per share. For the same quarter last year, the
company reported earnings of $1.15 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Preferred Bank
is $70.5​, about 3.4% above​ its last closing price
of $68.11. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  1.43        1.46       1.44      Missed  -1
 Mar. 31 2021  1.39        1.37       1.42      Beat    3.3
 Dec. 31 2020  1.17        1.16       1.40      Beat    20.4​
 Sep. 30 2020  1.07        1.05       1.15      Beat    9.3
 Jun.          0.85​       0.83       1.03      Beat    24.6​
 30​ 2020​                                              
 Mar. 31 2020  0.95        1.02       1.08      Beat    6.1​
 Dec. 31 2019  1.26        1.26       1.31      Beat    3.8
 Sep. 30 2019  1.31        1.32       1.32      Met     0.4
 This summary was machine generated October 18 at 20:04 GMT.  All
figures in US dollars unless otherwise stated