Preferred Bank reports results for the quarter ended in June - Earnings Summary

Preferred Bank

20/07/2021 22:21

* Preferred Bank  PFBC.OQ  reported quarterly adjusted earnings
of $1.44​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
$1.46 per share.
* Revenue rose 2.8% to $43.36 million from a year ago;  analysts
expected $46.72 million. 
* Preferred Bank's reported EPS for the quarter was $1.44​.
* The mean earnings estimate of analysts had risen by about 5.1%
in the last three months.​ 
* In the last 30 days two analysts negatively revised earnings
estimates 
* Preferred Bank shares had fallen by 8.1% this quarter and
gained 15.2% so far this year.
* The company reported quarterly net income of $21.48 million.
* Wall Street's median 12-month price target for Preferred Bank
is $73.00 
* 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." 
This summary was machine generated July 20 at 09:20 p.m.  ​All
figures in US dollars unless otherwise stated