Prosperity Bancshares Inc expected to post earnings of $1.38 a share - Earnings Preview

Prosperity Bancshares

25/07/2022 19:34

* Prosperity Bancshares Inc  PB.N   PB  is expected to show
a rise
in quarterly revenue when it reports  results on July 27. 
    * The Houston Texas-based  company is expected to report  a
1.2% increase in revenue to $284.325 million from $280.96
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 $1.38 per share. For the same quarter last
year, the company reported earnings of $1.41 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 $77​, above​ its last closing price of $70.45.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  1.31        1.30       1.33      Beat    2
 Dec. 31 2022  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.        1.39        1.38       1.44      Beat    4.6
 31 2021                                                
 Dec. 31 2020  1.36        1.35       1.48      Beat    9.3​
 Sep. 30 2020  1.30        1.29       1.40      Beat    8.3
 Jun. 30 2020  1.15        1.15       1.41      Beat    22.9
 This summary was machine generated July 25 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated