Peoples Bancorp (PEBO) Q4 Earnings and Revenues Beat Estimates

Company Performance - Peoples Bancorp reported quarterly earnings of $0.82 per share, exceeding the Zacks Consensus Estimate of $0.75 per share, but down from $1.04 per share a year ago, indicating an earnings surprise of 9.33% [1] - The company posted revenues of $111.63 million for the quarter, surpassing the Zacks Consensus Estimate by 1.99%, although this is a decrease from year-ago revenues of $112.92 million [2] - Over the last four quarters, the company has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Market Performance - Peoples Bancorp shares have declined approximately 1.2% since the beginning of the year, contrasting with the S&P 500's gain of 2% [3] - The current Zacks Rank for Peoples Bancorp is 4 (Sell), indicating expectations of underperformance in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.72 on revenues of $111.05 million, and for the current fiscal year, it is $3.16 on revenues of $450 million [7] - The outlook for the industry, specifically the Banks - Midwest sector, is favorable, ranking in the top 14% of over 250 Zacks industries, suggesting potential for better performance compared to lower-ranked industries [8]