Earnings Outlook For Preferred Bank

Preferred Bank (NASDAQ:PFBC) is set to give its latest quarterly earnings report on Wednesday, 2022-01-19. Here's what investors need to know before the announcement.

Analysts estimate that Preferred Bank will likely report an Earnings Per Share (EPS) of $1.72.

Preferred Bank bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.14, which was followed by a 0.41% drop in the share price the next day.

Here's a look at Preferred Bank's past performance and the resulting price change:

Stock Performance

Shares of Preferred Bank were trading at $81.06 as of January 17. Over the last 52-week period, shares are up 57.76%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here