Peoples Bancorp (PEBO) Set to Announce Earnings on Tuesday

Peoples Bancorp (NASDAQ:PEBO) is set to issue its quarterly earnings data before the market opens on Tuesday, April 23rd. Analysts expect the company to announce earnings of $0.69 per share for the quarter.

Peoples Bancorp (NASDAQ:PEBO) last posted its earnings results on Tuesday, January 22nd. The bank reported $0.69 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.66 by $0.03. The company had revenue of $48.30 million during the quarter, compared to analyst estimates of $47.74 million. Peoples Bancorp had a return on equity of 9.94% and a net margin of 22.18%. On average, analysts expect Peoples Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Peoples Bancorp stock opened at $31.83 on Tuesday. The stock has a market cap of $627.26 million, a PE ratio of 12.06, a P/E/G ratio of 1.41 and a beta of 0.76. Peoples Bancorp has a 1 year low of $28.35 and a 1 year high of $39.58. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.83 and a quick ratio of 0.83.



PEBO has been the subject of several analyst reports. ValuEngine upgraded Peoples Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. Zacks Investment Research lowered Peoples Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, January 9th. Boenning Scattergood restated a “hold” rating on shares of Peoples Bancorp in a research report on Friday, January 25th. Finally, BidaskClub lowered Peoples Bancorp from a “hold” rating to a “sell” rating in a research report on Thursday, January 31st. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. Peoples Bancorp presently has a consensus rating of “Hold” and a consensus price target of $38.50.

In related news, Director George W. Broughton sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, January 25th. The stock was sold at an average price of $32.65, for a total value of $65,300.00. Following the completion of the transaction, the director now directly owns 150,756 shares in the company, valued at approximately $4,922,183.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director George W. Broughton sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, January 28th. The shares were sold at an average price of $32.33, for a total value of $32,330.00. Following the completion of the transaction, the director now owns 149,756 shares of the company’s stock, valued at $4,841,611.48. The disclosure for this sale can be found here. 2.89% of the stock is currently owned by insiders.

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About Peoples Bancorp

Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and retail banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and provides commercial real estate construction loans, other commercial real estate loans, commercial and industrial loans, residential real estate loans, home equity lines of credit, and indirect and other consumer loans.

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Earnings History for Peoples Bancorp (NASDAQ:PEBO)

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