Prosperity Bancshares Inc expected to post earnings of $1.30 a share - Earnings Preview

Prosperity Bancshares

25/04/2022 15:12

* Prosperity Bancshares Inc  PB.N   PB  is expected to show
a fall
in quarterly revenue when it reports  results on April 27. 
    * The Houston Texas-based  company is expected to report  a
5.5% decrease in revenue to $272.856 million from $288.59
million a year ago, according to the mean estimate from 11
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Prosperity
Bancshares Inc
is for earnings of $1.30 per share. For the same quarter last
year, the company reported earnings of $1.44 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"hold" and 2 "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 Prosperity
Bancshares Inc is $80​, above​ its last closing price of $66.05.
​​​
    * 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  1.37        1.37       1.38      Beat    1
 Sep. 30 2021  1.37        1.37       1.39      Beat    1.6
 Jun. 30 2021  1.40        1.39       1.41      Beat    1.3​
 Mar. 31 2021  1.39        1.38       1.44      Beat    4.6
 ​​Dec.        1.36        1.35       1.48      Beat    9.3
 31 2020                                                
 Sep. 30 2020  1.30        1.29       1.40      Beat    8.3​
 Jun. 30 2020  1.15        1.15       1.41      Beat    22.9
 Mar. 31 2020  1.19        1.18       1.38      Beat    16.6
 This summary was machine generated April 25 at 14:12 GMT.  All
figures in US dollars  unless otherwise stated