Peapack-Gladstone Financial CorpQ) expected to post earnings of 50 cents a share - Earnings Preview

Reuters
2025.04.18 11:26
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Peapack-Gladstone Financial CorpQ) is anticipated to report earnings of 50 cents per share and a 20.3% revenue increase to $63.828 million for Q1 2025. Analysts maintain a "strong buy" rating, with a median 12-month price target of $37.00, above its last closing price of $26.09. Previous earnings performance shows mixed results, with some quarters beating estimates and others missing. The earnings report is expected on April 21, 2025.

  • Peapack-Gladstone Financial Corp (PGC.OQ) (PGC.O) is expected to show a rise in quarterly revenue when it reports results on April 21 (estimated) for the period ending March 31 2025

  • The Bedminster New Jersey-based company is expected to report a 20.3% increase in revenue to $63.828 million from $53.08 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG’s mean analyst estimate for Peapack-Gladstone Financial Corp is for earnings of 50 cents per share.

  • The current average analyst rating on the shares is “strong 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 $37.00​, above​ its last closing price of $26.09. ​​​ Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2024 0.46 0.46 0.52 Beat 14.3

Sep. 30 2024 0.36 0.37 0.43 Beat 15.2

Jun. 30 2024 0.34 0.34 0.42 Beat 25.2​

Mar. 31 2024 0.50 0.51 0.48 Missed -5.6

​​Dec. 0.45 0.45 0.48 Beat 7.5

31 2023

Sep. 30 2023 0.61 0.61 0.49 Missed -19​

Jun. 30 2023 0.88 0.89 0.73 Missed -17.5

Mar. 31 2023 1.05 1.06 1.01 Missed -4.6

This summary was machine generated April 18 at 11:26 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)