Peoples Bancorp Inc. (Ohio) (PEBO) Announces Quarterly Earnings Results, Misses Estimates By $0.17 EPS
Peoples Bancorp Inc. (Ohio) (NASDAQ:PEBO) posted its quarterly earnings results on Tuesday. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by $0.17, American Banking News.com reports.
On a related note, analysts at Raymond James downgraded shares of Peoples Bancorp Inc. (Ohio) from an “outperform” rating to a “market perform” rating in a research note to investors on Wednesday, July 24th. They now have a $24.00 price target on the stock.
Peoples Bancorp Inc. (NASDAQ:PEBO) opened at 21.67 on Tuesday. Peoples Bancorp Inc. has a one year low of $16.1091 and a one year high of $23.81. The stock has a 50-day moving average of $21.07 and a 200-day moving average of $20.33. The company has a market cap of $234.1 million and a price-to-earnings ratio of 12.38.
Peoples Bancorp Inc (NASDAQ:PEBO) operates through its wholly owned subsidiary, Peoples Bank, National Association (Peoples Bank).
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