Prosperity Bancshares Inc expected to post earnings of $1.49 a share - Earnings Preview

Prosperity Bancshares

23/01/2023 15:06

* Prosperity Bancshares Inc  PB.N   PB  is expected to show
a rise
in quarterly revenue when it reports  results on January 25. 
    * The Houston Texas-based  company is expected to report  a
5.9% increase in revenue to $297.08 million from $280.52 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 $1.49 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 7
"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 $78​, above​ its last closing price of $73.67.
​​​

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  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. 31 2021  1.37        1.37       1.38      Beat    1
 ​​Sep.        1.37        1.37       1.39      Beat    1.6
 30 2021                                                
 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. 31 2020  1.36        1.35       1.48      Beat    9.3
 This summary was machine generated January 23 at 15:06 GMT.  All
figures in US dollars  unless otherwise stated