Prosperity Bancshares (NYSE: PB) has announced that it will be releasing its financial results for the third quarter of 2024 on Wednesday 23rd October 2024. The report will be made available before market open, allowing investors and analysts to evaluate the company's performance during this period.
In accordance with the predictions of financial analysts on Wall Street, the enterprise is on track to report an expected per share of $1.31 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $301.48 million for this quarter.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $1.18 billion. Additionally, they are expecting the earnings per share for the company to hit profit of $4.99 during the fiscal year.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $1.2. This significant amount was the outcome of the company's total revenue, which reached an impressive $278.27 million during that particular timeframe.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.22 | +0.8% | 304.79 M | +10.4% |
| Q1 2024 | $1.18 | -13.9% | 277.11 M | -1.6% |
| Q4 2023 | $1.19 | -21.2% | 273.55 M | -6.9% |
| Q3 2023 | $1.20 | -19.5% | 278.27 M | -5.8% |
| Q2 2023 | $1.21 | -13.6% | 276.15 M | -3.5% |
| *Growth on year-over-year basis | ||||
The organization will host a conference call with investment community on 23rd October 2024 at 11:30 AM eastern time to discuss the financial results.
Prosperity Bancshares (PB) shares experienced a range of $71.15 to $72.92 on a day volume of 603.30 thousand shares. The stock closed Monday's regular trading session at $71.34, indicating a 2.25 percent decrease.
