Ponce Financial (PDLB) Surpasses Q2 Earnings and Revenue Estimates

Ponce Financial (PDLB) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1,300%. A quarter ago, it was expected that this holding company of Ponce Bank would post a loss of $0.03 per share when it actually produced earnings of $0.11, delivering a surprise of 466.67%. Over the last fo ...