Peoples Utah Bancorp (PUB) Q3 Earnings Lag Estimates

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Peoples Utah Bancorp (PUB) Q3 Earnings Lag Estimates

Peoples Utah Bancorp (PUB) got here out with quarterly earnings of $0.59 per share, lacking the Zac


Peoples Utah Bancorp (PUB) got here out with quarterly earnings of $0.59 per share, lacking the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.55 per share a 12 months in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of -1.67%. 1 / 4 in the past, it was anticipated that this financial institution holding firm would submit earnings of $0.57 per share when it truly produced earnings of $0.58, delivering a shock of 1.75%.

Over the past 4 quarters, the corporate has surpassed consensus EPS estimates two occasions.

Peoples Utah Bancorp, which belongs to the Zacks Banks – West business, posted revenues of $32.66 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 3.84%. This compares to year-ago revenues of $30.98 million. The corporate has topped consensus income estimates 3 times during the last 4 quarters.

The sustainability of the inventory’s rapid value motion primarily based on the…



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