Fee Income Growth To Aid People's United (PBCT) Q4 Earnings
Zacks Investment Research | Jan 14, 2020 07:08AM ET
People's United Financial, Inc. (NASDAQ:PBCT) is scheduled to report fourth quarter and 2019 results on Jan 16. While its revenues are expected to have improved year over year, earnings might have declined.
Before we discuss the factors that might have influenced the results, let’s take a look at how the company performed in the last reported quarter.
People's United posted an earnings beat in third-quarter 2019. Improvement in loans balances, along with higher fee income, was partially offset by elevated expenses.
People's United surpassed estimates on two occasions and posted in-line results in two of the trailing four quarters, the average beat being 2.23%.
People's United Financial, Inc. Price and EPS Surprise
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