Blue Foundry Bancorp expected to post a loss of 11 cents a share - Earnings Preview

Blue Foundry Bancorp

23/10/2023 17:27

* Blue Foundry Bancorp  BLFY.OQ   BLFY.O  is expected
to show a
fall in quarterly revenue when it reports  results 
    * The Rutherford New Jersey-based  company is expected to
report 
a 26.3% decrease in revenue to $10.775 million from $14.61
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Blue Foundry
Bancorp is
for a loss of 11 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"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 Blue
Foundry
Bancorp is $8.75​, above​ its last closing price of $7.83. ​​​

This summary was machine generated October 23 at 16:27 GMT.  All
figures in US dollars  unless otherwise stated