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

Prosperity Bancshares

26/10/2022 15:31

* Prosperity Bancshares Inc  PB.N  reported quarterly
adjusted
earnings of $1.49​​ per share for the quarter ended in
September. The mean expectation of thirteen analysts for the
quarter was for earnings of $1.49 per share.
    * Revenue rose 4.3% to $295.37 million from a year ago;
analysts
expected $297.17 million. 
    * Prosperity Bancshares Inc's reported EPS for the quarter
was
$1.49​.
    * The mean earnings estimate of analysts had risen by
about 1.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Prosperity Bancshares Inc shares had risen by 11.0% this
quarter and gained 2.4% so far this year.
    * The company reported quarterly net income of $135.82
million.
    * Wall Street's median 12-month price target for Prosperity
Bancshares Inc is $79.00 
    * 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 from Refinitiv data October
26 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.49           1.49           Met
 Jun. 30 2022      1.38           1.40           Beat
 Mar. 31 2022      1.30           1.33           Beat
 Dec. 31 2021      1.37           1.38           Beat