Blue Foundry Bancorp expected to post breakeven results a share - Earnings Preview

Blue Foundry Bancorp

24/10/2022 14:39

* Blue Foundry Bancorp  BLFY.OQ   BLFY.O  is expected
to show a
rise in quarterly revenue when it reports  results on October
26. 
    * The Rutherford New Jersey-based  company is expected to
report 
a 16.9% increase in revenue to $13.558 million from $11.59
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 breakeven results per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The average consensus recommendation for the banks peer
group
is also "Buy".​
    * Wall Street's median 12-month price target for Blue
Foundry
Bancorp is $13.63​, above​ its last closing price of $11.81. ​​​

This summary was machine generated October 24 at 13:39 GMT.  All
figures in US dollars  unless otherwise stated