Prosperity Bancshares Inc reports results for the quarter ended in March - Earnings Summary

Prosperity Bancshares

27/04/2022 13:20

* Prosperity Bancshares Inc  PB.N  reported quarterly
adjusted
earnings of $1.33​​ per share for the quarter ended in March.
The mean expectation of thirteen analysts for the quarter was
for earnings of $1.30 per share.
    * Revenue fell 7.2% to $267.79 million from a year ago; 
analysts
expected $272.86 million. 
    * Prosperity Bancshares Inc's reported EPS for the quarter
was
$1.33​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * Prosperity Bancshares Inc shares had fallen by 6.2% this
quarter and lost 10.0% so far this year.
    * The company reported quarterly net income of $122.33
million.
    * Wall Street's median 12-month price target for Prosperity
Bancshares Inc is $80.00 
    * 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." 

This summary was machine generated April 27 at 12:20 p.m.  ​All
figures in US dollars unless otherwise stated