Preferred Bank expected to post earnings of $1.72 a share - Earnings Preview

Preferred Bank

17/01/2022 21:26

* Preferred Bank  PFBC.OQ   PFBC.O  is expected to show a rise
in quarterly revenue when it reports  results on January 19. 
* The Los Angeles California-based  company is expected to
report  a 8.3% increase in revenue to $49.892 million from
$46.06 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 $1.72 per share. For the same quarter last year, the
company reported earnings of $1.40 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 $78.5​, about 3.3% below​ its last closing price
of $81.06. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2020  1.17        1.16       1.40      Beat    20.4
 ​​Sep.        1.07        1.05       1.15      Beat    9.3
 30 2020                                                
 Jun. 30 2020  0.85        0.83       1.03      Beat    24.6​
 Mar. 31 2020  0.95        1.02       1.08      Beat    6.1
 Dec. 31 2019  1.26        1.26       1.31      Beat    3.8
 This summary was machine generated January 17 at 21:26 GMT.  All
figures in US dollars  unless otherwise stated