After-Hours Earnings Report for January 18, 2024 : PPG, JBHT, OZK, FNB, INDB, BANR, OCFC, MCB
From NASDAQ OMX Group:
PPG Industries, Inc. (PPG) is reporting a consensus of $1.50 earnings per share, a 22.95% increase from the same quarter last year. The company has consistently beat earnings expectations in the past year, boasting a 2023 Price to Earnings ratio of 18.70.
J.B. Hunt Transport Services, Inc. (JBHT) is expected to report $1.74 earnings per share, a decrease of 9.38% from the same quarter last year. The company’s 2023 Price to Earnings ratio is 26.52, lower than the industry average of 47.80.
Bank OZK (OZK) is estimated to report $1.46 earnings per share, marking an 8.96% increase from the previous year. The company’s stock has “days to cover” exceeding 11 days, and has a 2023 Price to Earnings ratio of 7.80, lower than the industry average of 10.70.
F.N.B. Corporation (FNB) is reporting a consensus of $0.35 earnings per share, representing a 20.45% decrease from the same quarter last year. The company has met or exceeded earnings expectations for the majority of the past year, with a 2023 Price to Earnings ratio of 8.42.
Independent Bank Corp. (INDB) is expected to report $1.25 earnings per share, a 26.04% decrease from the same quarter last year. The company has missed earnings expectations in the past, but boasts a 2023 Price to Earnings ratio of 11.22.
Banner Corporation (BANR) is expected to report $1.31 earnings per share, a 22.02% decrease from the same quarter last year. The company missed earnings expectations in the 2nd quarter of 2023 and has a 2023 Price to Earnings ratio of 8.46.
OceanFirst Financial Corp. (OCFC) is forecasted to report $0.43 earnings per share, a 35.82% decrease from the same quarter last year. The company boasts a 2023 Price to Earnings ratio of 9.44.
Metropolitan Bank Holding Corp. (MCB) is expected to report $1.50 earnings per share, indicating a 38.27% decrease from the same quarter last year. The company missed earnings expectations in the 2nd quarter of 2023 and has a 2023 Price to Earnings ratio of 6.75.
Read more: After-Hours Earnings Report for January 18, 2024 : PPG, JBHT, OZK, FNB, INDB, BANR, OCFC, MCB