Recap: Prosperity Bancshares Q3 Earnings

Prosperity Bancshares (NYSE:PB) reported its Q3 earnings results on Wednesday, October 26, 2022 at 06:30 AM. Here's what investors need to know about the announcement. Earnings Prosperity Bancshares reported in-line EPS of $1.49 versus an estimate of $1.49.

Prosperity Bancshares (NYSE:PB) reported its Q3 earnings results on Wednesday, October 26, 2022 at 06:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Prosperity Bancshares reported in-line EPS of $1.49 versus an estimate of $1.49.

Revenue was up $12.15 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 1.09% drop in the share price the next day.

Here’s a look at Prosperity Bancshares’s past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.38 1.30 1.37 1.37
EPS Actual 1.40 1.33 1.38 1.39
Revenue Estimate 284.32M 272.94M 278.29M 278.03M
Revenue Actual 286.06M 275.07M 280.52M 283.21M

To track all earnings releases for Prosperity Bancshares visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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