What are analysts predicting for PGC's upcoming Q4 2024 earnings?

Analysts are predicting a positive outlook for PGC's upcoming Q4 2024 earnings. Here's a detailed analysis:

1. EPS and Revenue Estimates: Analysts estimate that PGC's diluted EPS for Q1 2025 will be $0.54, which represents a slight increase from the previous quarter's EPS of $0.52. The estimated revenue for the same period is $63.4 million. This suggests a growth trajectory in the immediate term.

2. Historical Performance and Growth Forecasts: PGC's banking segment has been a significant contributor, with the total revenue of the banking segment amounting to $156.0 million, which is 71% of the total revenue. The company's revenue is forecasted to grow by an average of 18% per annum over the next two years, compared to the US Banks industry's growth rate of 7.4%. This indicates a strong growth potential for PGC.
3. Profitability and Margins: PGC's net interest margin (NIM) has shown a slight decrease from 2.48% in FY 2023 to 2.32% in FY 2024. However, the net interest income increased by 11% on a linked quarter basis, reaching $41.9 million in Q4 2024. This indicates a strong income generation capacity despite margin pressures.
4. Loan Growth and Liquidity: The company saw an increase in loan demand, with loan balances growing by $201 million to $5.5 billion. Core relationship deposits also grew significantly, recording an annualized growth rate of 36%. This robust growth in deposits and loans suggests a strong asset base and liquidity position.
5. Earnings Trends: PGC's diluted EPS for Q4 2024 was $0.52, compared to $0.43 for Q3 2024. This trend suggests an improving earnings trajectory, which is a positive indicator for the upcoming earnings report.
6. Analyst Ratings and Price Targets: Although there is no consensus on price targets from the available data, the analysts' forecast for PGC's earnings in 2025 indicates a "Buy" rating. This suggests that analysts are optimistic about PGC's future performance.

In conclusion, analysts are predicting a positive Q4 2024 earnings report for PGC, with strong revenue growth, improved profitability, and a solid asset base. These factors contribute to a favorable outlook for the company's future performance.