Peoples Bancorp Inc reports results for the quarter ended in March - Earnings Summary

• Peoples Bancorp Inc PEBO reported quarterly adjusted earnings of 84 cents​​ per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of $1.02. The mean expectation of seven analysts for the quarter was for earnings of 80 cents per share. Wall Street expected results to range from 76 cents to 89 cents per share.

• Revenue rose 22.3% to $112.42 million from a year ago; analysts expected $109.74 million.

• Peoples Bancorp Inc's reported EPS for the quarter was 84 cents​.

• The company reported quarterly net income of $29.38 million.

• Peoples Bancorp Inc shares had fallen by 3.5% this quarter and lost 15.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 4% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the banks peer group is also "hold"

Wall Street's median 12-month price target for Peoples Bancorp Inc is $34.50

This summary was machine generated from LSEG data April 23 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)