Peapack-Gladstone Financial Corp expected to post earnings of $1.12 a share - Earnings Preview

Published on January 24, 2023 03:13 AM PST

Peapack-Gladstone Financial Corp expected to post earnings of $1.12 a share - Earnings Preview — Image source: ©2022 Kalkine Media®

* Peapack-Gladstone Financial Corp is expected to show a rise in quarterly revenue when it reports results on January 26 (estimated). * The Bedminster New Jersey-based company is expected to report a 14.2% increase in revenue to $64.136 million from $56.18 million a year ago, according to the mean estimate from 3 analysts, based on Refinitiv data. * Refinitiv's mean analyst estimate for Peapack-Gladstone Financial Corp is for earnings of $1.12 per share. * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." * The mean earnings estimate of analysts was unchanged in the last three months. * Wall Street's median 12-month price target for Peapack-Gladstone Financial Corp is $46.63, above its last closing price of $35.53. Previous quarterly performance (using preferred earnings measure in US dollars). QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI ENDING ARTESTIMAT IBES MET, SE % E® ESTIMATE MISSED Sep. 30 2022 1.09 1.09 1.09 Met 0.2 Jun. 30 2022 0.95 0.95 1.08 Beat 13.3 Mar. 31 2022 0.81 0.80 1.02 Beat 28.1 Dec. 31 2021 0.81 0.80 0.82 Beat 2.6 Sep. 0.73 0.72 0.79 Beat 9 30 2021 Jun. 30 2021 0.67 0.66 0.77 Beat 16.4 Mar. 31 2021 0.54 0.54 0.73 Beat 36.4 Dec. 31 2020 0.43 0.44 0.48 Beat 8.5 This summary was machine generated January 24 at 11:13 GMT. All figures in US dollars unless otherwise stated.

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