Earnings Outlook For Prosperity Bancshares

Prosperity Bancshares PB will release its quarterly earnings report on Wednesday, 2024-10-23. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Prosperity Bancshares to report an earnings per share (EPS) of $1.31.

The market awaits Prosperity Bancshares's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Past Earnings Performance

In the previous earnings release, the company beat EPS by $0.04, leading to a 1.87% increase in the share price the following trading session.

Here's a look at Prosperity Bancshares's past performance and the resulting price change:

Tracking Prosperity Bancshares's Stock Performance

Shares of Prosperity Bancshares were trading at $71.34 as of October 21. Over the last 52-week period, shares are up 38.32%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Prosperity Bancshares visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.