Pacific Premier Bancorp (NASDAQ:PPBI) reported its Q3 earnings results on Thursday, October 21, 2021 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Pacific Premier Bancorp beat their estimated earnings by 14.46%, which surprised analysts.
Revenue was up $5,865,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.3, which was followed by a 1.7% increase in the share price the next day.
Here's a look at Pacific Premier Bancorp's past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.71 | 0.58 | 0.49 | 0.52 |
| EPS Actual | 1.01 | 0.72 | 0.71 | 0.70 |
| Revenue Estimate | 167.69M | 166.57M | 160.51M | 164.92M |
| Revenue Actual | 187.66M | 185.39M | 191.39M | 193.30M |
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