Prosperity Bancshares (PB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Prosperity Bancshares, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Prosperity Bancshares is expected to report quarterly earnings of $1.40 per share, reflecting a year-over-year increase of +14.8% [3]. - Revenues are projected to be $312.71 million, which is a 2.6% increase from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4]. - The Most Accurate Estimate for Prosperity Bancshares is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.33% [12]. Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. - Prosperity Bancshares holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [12]. Historical Performance - In the last reported quarter, Prosperity Bancshares exceeded the expected earnings of $1.35 per share by delivering $1.37, resulting in a surprise of +1.48% [13]. - The company has beaten consensus EPS estimates in all four of the last quarters [14]. Industry Context - BOK Financial, a peer in the Southwest banking industry, is expected to report earnings of $1.98 per share, indicating a year-over-year decrease of -2% [18]. - BOK Financial's consensus EPS estimate has been revised down by 1% over the last 30 days, resulting in an Earnings ESP of -0.17% [19].

Prosperity Bancshares (PB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release - Reportify