Benzinga | Jul 29, 2020 06:44AM EDT

Prosperity Bancshares Q2 Adj. EPS $1.28 Beats $1.15 Estimate, Sales $284.63M Beat $280.56M Estimate

Prosperity Bancshares (NYSE:PB) reported quarterly earnings of $1.28 per share which beat the analyst consensus estimate of $1.15 by 11.3 percent. This is a 8.47 percent increase over earnings of $1.18 per share from the same period last year. The company reported quarterly sales of $284.63 million which beat the analyst consensus estimate of $280.56 million by 1.45 percent. This is a 54.02 percent increase over sales of $184.80 million the same period last year.