Pacific Premier Bancorp (PPBI) Lags Q3 Earnings and Revenue Estimates

Pacific Premier Bancorp (PPBI) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of$ 0.39 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.13%. A quarter ago, it was expected that this holding company for Pacific Premier Bank would post earnings of$ 0.44 per share when it actually produced earnings of $0.43, delivering a surprise of -2.27%. ...