Benzinga | Jan 25, 2021 10:11AM EST

Earnings Outlook For Peoples Bancorp

On Tuesday, January 26, Peoples Bancorp (NASDAQ:PEBO) will release its latest earnings report. Benzinga's outlook for Peoples Bancorp is included in the following report.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street analysts see Peoples Bancorp reporting earnings of $0.69 per share on revenue of $52.15 million. Peoples Bancorp earnings in the same period a year ago was $0.73 per share. Quarterly sales came in at $52.28 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The Wall Street estimate would represent a 5.48% decline in the company's earnings. Revenue would be down 0.26% on a year-over-year basis. Here is how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020EPS Estimate 0.48 0.13 0.56 0.68EPS Actual 0.51 0.23 -0.04 0.73Revenue Estimate 51.15 M 51.34 M 51.73 M 51.52 MRevenue Actual 51.89 M 49.52 M 50.37 M 52.28 M

Stock Performance

Shares of Peoples Bancorp were trading at $31.38 as of January 22. Over the last 52-week period, shares are down 10.73%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Peoples Bancorp is scheduled to hold the call at 11:00:00 ET and can be accessed here.