Prosperity Bancshares: Q2 Earnings Insights

Prosperity Bancshares: Q2 Earnings Insights

 

Prosperity Bancshares PB reported its Q2 earnings results on Wednesday, July 27, 2022 at 06:30 AM.

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

Earnings

Prosperity Bancshares beat estimated earnings by 1.45%, reporting an EPS of $1.4 versus an estimate of $1.38.

Revenue was up $5.11 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 1.75% increase in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.30 1.37 1.37 1.39
EPS Actual 1.33 1.38 1.39 1.41
Revenue Estimate 272.94M 278.29M 278.03M 282.84M
Revenue Actual 275.07M 280.52M 283.21M 280.95M

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.

Posted In: BZI-RecapsEarningsNews