Pacific Premier Bancorp (PPBI) Tops Q2 Earnings Estimates

Core Viewpoint - Pacific Premier Bancorp (PPBI) reported quarterly earnings of $0.39 per share, exceeding the Zacks Consensus Estimate of $0.34 per share, but down from $0.43 per share a year ago [1][2] Group 1: Earnings Performance - The quarterly earnings surprise was +14.71%, with the company previously expected to post earnings of $0.30 per share but actually delivering $0.37, resulting in a surprise of +23.33% [2] - Over the last four quarters, the company has surpassed consensus EPS estimates three times [2] Group 2: Revenue Performance - Pacific Premier Bancorp reported revenues of $144.32 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 0.88%, compared to $154.62 million in the same quarter last year [3] - The company has topped consensus revenue estimates two times over the last four quarters [3] Group 3: Stock Performance and Outlook - The stock has lost about 11.1% since the beginning of the year, while the S&P 500 has gained 8.1% [4] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes [5] - The current consensus EPS estimate for the coming quarter is $0.36 on revenues of $149.37 million, and $1.43 on revenues of $590.6 million for the current fiscal year [8] Group 4: Industry Context - The Financial - Savings and Loan industry, to which Pacific Premier Bancorp belongs, is currently in the bottom 26% of over 250 Zacks industries, indicating potential challenges ahead [9] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [6][7]