Prosperity Bancshares (PB) Q2 Earnings and Revenues Surpass Estimates

This quarterly report represents an earnings surprise of 1.67%. A quarter ago, it was expected that this financial holding company would post earnings of $1.15 per share when it actually produced earnings of$1.18, delivering a surprise of 2.61%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. While Prosperity Bancshares has underperformed the market so far t ...