Pacific Premier Bancorp: Here’s What Investors Need to Know Before Earnings

Pacific Premier Bancorp (NASDAQ:PPBI) will report earnings before markets open on Tuesday, July 23rd. Pacific Premier Bancorp, Inc. is the holding company for Pacific Premier Bank. The Bank is a savings bank whose primary business includes branch banking, and income property and construction lending. Pacific Premier operates branches in Orange and San Bernadino counties, both located in Southern California.

Here is your Cheat Sheet to Pacific Premier Bancorp Earnings:

Earnings Expectations: Analysts expect earnings of $0.25 per share on revenues of $15.55 million. Currently, the company’s P/E ratio stands at 10.30.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.3 to a profit $0.22. For the current year, the average estimate is a profit of $0.88, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Pacific Premier Bancorp has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 44 44 40 57 66
Diluted EPS ($) 0.11 -0.08 0.38 0.99 1.44

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 19.58 15.54 17.35 15.96
Diluted EPS ($) 0.55 0.32 0.32 0.13

Past Performance:
Pacific Premier Bancorp has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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