Peoples Bancorp Inc. (NASDAQ:PEBO) financial products and services provider, is expected to report second quarter earnings results, before market open, on Tuesday 21st July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.13 per share from revenue of $ 51.34 million.
Looking ahead, the full year income are expected at $ 1.27 per share on the revenues of $ 211.18 million.
Previous Quarter Performance
Peoples Bancorp Inc. came out with loss for the first quarter of $ 0.02 per share, from the revenue of $ 50.37 million. The quarterly revenues escalated 2.09 percent compared with the same quarter last year. Street analysts expected Peoples Bancorp Inc. to report income of $ 0.56 per share on revenue of $ 51.73 million for the first quarter. The bottom line results missed street analysts by $ 0.58 or 103.57 percent, at the same time, top line results fell short of analysts by $ 1.36 million or 2.63 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of PEBO was $ 19.59, representing a 9.38 % increase from the 52 week low of $ 17.91 and a 50.13 % decrease over the 52 week high of $ 39.28.
The company has a market capital of $ 392.47 million and is part of the Financial Services sector and Banks – Regional – US industry.
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Recent Analyst recommendations
On 19th June 2020, initiated by B. Riley at Buy rating, with $ 29.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.34 per share on April 20, 2020. The dividend were payable on May 18, 2020 to holders of record as of the close of business on May 4, 2020 and ex-dividend date on May 1, 2020.
Peoples Bancorp Inc. operates as the holding company for Peoples Bank that provides commercial and retail banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and provides commercial real estate construction loans, other commercial real estate loans, commercial and industrial loans, residential real estate loans, home equity lines of credit, and indirect and other consumer loans.
