Prosperity Bancshares: Q1 Earnings Insights

Prosperity Bancshares PB reported its Q1 earnings results on Wednesday, April 27, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Prosperity Bancshares beat estimated earnings by 2.31%, reporting an EPS of $1.33 versus an estimate of $1.3.

Revenue was down $13.52 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 1.26% drop in the share price the next day.

Here's a look at Prosperity Bancshares's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.37	1.37	1.39	1.38
EPS Actual	1.38	1.39	1.41	1.44
Revenue Estimate	278.29M	278.03M	282.84M	283.66M
Revenue Actual	280.52M	283.21M	280.95M	288.59M

To track all earnings releases for Prosperity Bancshares visit their earnings calendar here.

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

Earnings Calendar