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.
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 $0.88, which is worse than the estimate ninety days ago.
Here’s how Pacific Premier Bancorp has been performing on an annual basis:
|Revenue ($) 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|
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)