Prosperity Bancshares (NYSE: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.
Earnings
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.
Past Earnings Performance
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.
