Prosperity Bancshares PB reported its Q3 earnings results on Wednesday, October 27, 2021 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Prosperity Bancshares beat their estimated earnings by 1.46%, reporting an EPS of $1.39 versus an estimate of $1.37, which did not surprise analysts.
Revenue was up $9,825,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02, which was followed by a 1.24% increase in the share price the next day.
Here's a look at Prosperity Bancshares's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.39 | 1.38 | 1.35 | 1.29 |
| EPS Actual | 1.41 | 1.44 | 1.48 | 1.40 |
| Revenue Estimate | 282.84M | 283.66M | 283.51M | 279.87M |
| Revenue Actual | 280.95M | 288.59M | 294.18M | 293.04M |
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