Peoples Bancorp Inc reports results for the quarter ended in September 30 - Earnings Summary

Reuters
23 Oct 2024

* Peoples Bancorp Inc reported quarterly adjusted earnings of 89 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 90 cents. The mean expectation of seven analysts for the quarter was for earnings of 82 cents per share. Wall Street expected results to range from 81 cents to 85 cents per share.

* Revenue fell 2.4% to $113.71 million from a year ago; analysts expected $111.68 million.

* Peoples Bancorp Inc's reported EPS for the quarter was 89 cents​.

* The company reported quarterly net income of $31.41 million.

* Peoples Bancorp Inc shares had risen by 1.2% this quarter and lost 9.8% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

* In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the banks peer group is also "hold"

Wall Street's median 12-month price target for Peoples Bancorp Inc is $33.50 This summary was machine generated from LSEG data October 23 at 04:20 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 0.82 0.89 Beat

Jun. 30 2024 0.85 0.82 Missed

Mar. 31 2024 0.80 0.84 Beat

Dec. 31 2023 0.96 0.96 Met

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