BCB Bancorp Inc expected to post earnings of 38 cents a share - Earnings Preview

Bcb Bancorp

22/01/2024 22:04

* BCB Bancorp Inc  BCBP.OQ   BCBP.O  is expected to show a
fall in
quarterly revenue when it reports  results on January 24
(estimated) for the period ending December 31 2023
    * The Bayonne New Jersey-based  company is expected to
report a
15.4% decrease in revenue to $26.416 million from $31.24 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (Sales/Revenue Majority Basis is on Total
Revenue)
    * ​LSEG's mean analyst estimate for BCB Bancorp Inc is for
earnings of 38 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for BCB Bancorp
Inc
is $14.25​, above​ its last closing price of $12.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.50        0.50       0.39      Missed  -21.5
 Jun. 30 2023  0.55        0.55       0.50      Missed  -8.3
 Mar. 31 2023  0.67        0.67       0.46      Missed  -30.8​
 Dec. 31 2022  0.76        0.75       0.69      Missed  -8.4
 ​​Sep.        0.68        0.67       0.76      Beat    12.9
 30 2022                                                
 Jun. 30 2022  0.57        0.56       0.58      Beat    3.8​
 Mar. 31 2022  0.49        0.50       0.56      Beat    12.5
 Dec. 31 2021  0.49        0.49       0.61      Beat    25
 This summary was machine generated January 22 at 22:04 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)