Preferred Bank expected to post earnings of $1.69 a share - Earnings Preview

Preferred Bank

15/04/2022 22:15

* Preferred Bank  PFBC.OQ   PFBC.O  is expected to show a
rise in
quarterly revenue when it reports  results on April 19. 
    * The Los Angeles California-based  company is expected to
report 
a 8.0% increase in revenue to $50.007 million from $46.3 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 $1.69 per share. For the same quarter last year, the
company reported earnings of $1.42 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"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
$92​, above​ its last closing price of $70.86. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  1.74        1.72       1.80      Beat    4.7
 Sep. 30 2021  1.63        1.62       1.76      Beat    8.7
 Jun. 30 2021  1.43        1.46       1.44      Missed  -1​
 Mar. 31 2021  1.39        1.37       1.42      Beat    3.3
 ​​Dec.        1.17        1.16       1.40      Beat    20.4
 31 2020                                                
 Sep. 30 2020  1.07        1.05       1.15      Beat    9.3​
 Jun. 30 2020  0.85        0.83       1.03      Beat    24.6
 Mar. 31 2020  0.95        1.02       1.08      Beat    6.1
 This summary was machine generated April 15 at 21:15 GMT.  All
figures in US dollars  unless otherwise stated