Peoples Bancorp (NASDAQ:PEBO) is set to give its latest quarterly earnings report on Tuesday, 2024-10-22. Here's what investors need to know before the announcement.
Analysts estimate that Peoples Bancorp will report an earnings per share (EPS) of $0.83.
The announcement from Peoples Bancorp is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings Track Record
In the previous earnings release, the company missed EPS by $0.02, leading to a 1.19% drop in the share price the following trading session.
Here's a look at Peoples Bancorp's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.84 | 0.80 | 0.96 | 0.91 |
| EPS Actual | 0.82 | 0.84 | 1.04 | 0.90 |
| Price Change % | -1.0% | 3.0% | -3.0% | 3.0% |
Market Performance of Peoples Bancorp's Stock
Shares of Peoples Bancorp were trading at $31.7 as of October 18. Over the last 52-week period, shares are up 20.52%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Peoples Bancorp visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
