Prosperity Bancshares Inc expected to post earnings of $1.34 a share - Earnings Preview

Prosperity Bancshares

24/04/2023 19:34

* Prosperity Bancshares Inc  PB.N   PB  is expected to show
a rise
in quarterly revenue when it reports  results on April 26. 
    * The Houston Texas-based  company is expected to report  a
7.7% increase in revenue to $288.35 million from $267.79 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 $1.34 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "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 $71​, above​ its last closing price of $60.64.
​​​

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 2022  1.50        1.49       1.51      Beat    1.2
 Sep. 30 2022  1.50        1.49       1.49      Met     -0.3
 Jun. 30 2022  1.39        1.38       1.40      Beat    1.4​
 Mar. 31 2022  1.31        1.30       1.33      Beat    2
 ​​Dec.        1.37        1.37       1.38      Beat    1
 31 2021                                                
 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
 This summary was machine generated April 24 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated