Earnings Preview: Preferred Bank

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Preferred Bank PFBC unveils its next round of earnings this Monday, October 19. Get prepared with Benzinga's ultimate preview for Preferred Bank's Q3 earnings.

Earnings and Revenue

Preferred Bank earnings will be near $1.05 per share on sales of $43.73 million, according to analysts. Preferred Bank reported a profit of $1.32 per share when it published results during the same quarter last year. Sales in that period totaled $41.48 million. The Wall Street consensus estimate for earnings would represent a 20.45% decrease for the company. Revenue would be up 5.43% from the year-ago period. Preferred Bank's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 0.83 1.02 1.26 1.31
EPS Actual 1.03 1.08 1.31 1.32
Revenue Estimate 41.60 M 40.16 M 41.21 M 42.47 M
Revenue Actual 42.18 M 41.79 M 40.41 M 41.48 M

Stock Performance

Over the past 52-week period, shares of Preferred Bank have declined 35.39%.

Do not be surprised to see the stock move on comments made during its conference call. Preferred Bank is scheduled to hold the call at 14:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/fxbieuzs

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PFBCPreferred Bank
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