Preferred Bank expected to post earnings of $2.57 a share - Earnings Preview

Preferred Bank

16/01/2023 21:10

* Preferred Bank  PFBC.OQ   PFBC.O  is expected to show a
rise in
quarterly revenue when it reports  results on January 18. 
    * The Los Angeles California-based  company is expected to
report 
a 45.3% increase in revenue to $71.799 million from $49.42
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Preferred Bank is
for
earnings of $2.57 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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
$88.5​, above​ its last closing price of $74.03. ​​​

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 2022  2.16        2.13       2.40      Beat    12.6
 Jun. 30 2022  1.81        1.79       1.87      Beat    4.8
 Mar. 31 2022  1.69        1.69       1.74      Beat    3.3​
 Dec. 31 2021  1.74        1.72       1.80      Beat    4.7
 ​​Sep.        1.63        1.62       1.76      Beat    8.7
 30 2021                                                
 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
 This summary was machine generated January 16 at 21:10 GMT.  All
figures in US dollars  unless otherwise stated