Peoples Bancorp Q3 2024 GAAP EPS $0.89 Beats $0.82 Estimate, Sales $114.893M Beat $111.681M Estimate
Portfolio Pulse from Benzinga Newsdesk
Peoples Bancorp (NASDAQ:PEBO) reported Q3 2024 earnings of $0.89 per share, surpassing the $0.82 estimate, and sales of $114.893M, exceeding the $111.681M estimate. Despite beating estimates, both earnings and sales showed a slight decline compared to the previous year.
October 22, 2024 | 10:05 am
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Peoples Bancorp's Q3 2024 earnings and sales exceeded analyst estimates, with EPS at $0.89 and sales at $114.893M. However, both figures showed a slight decline compared to the previous year.
The positive earnings surprise and sales beat are likely to have a favorable short-term impact on PEBO's stock price. However, the slight year-over-year decline in both earnings and sales may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100