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Ponce Financial (PDLB) Q1 Earnings and Revenues Beat Estimates

Ponce Financial (PDLB) came out with quarterly earnings of 0.25pershare,beatingtheZacksConsensusEstimateof0.25 per share, beating the Zacks Consensus Estimate of 0.09 per share. This compares to earnings of 0.11pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof177.780.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 177.78%. A quarter ago, it was expected that this holding company of Ponce Bank would post earnings of 0.09 per share when it actually produced earnings of $0.12, delivering a surprise of 33.33%.Over the last four ...