Blue Foundry Bancorp reports results for the quarter ended in December - Earnings Summary

Blue Foundry Bancorp

25/01/2023 14:31

* Blue Foundry Bancorp  BLFY.OQ  reported quarterly adjusted
earnings of 2 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for earnings of one cent per share.
    * Revenue rose 2.5% to $13.37 million from a year ago;
analysts
expected $13.80 million. 
    * Blue Foundry Bancorp's reported EPS for the quarter was 2
cents​.
    * The mean earnings estimate of analysts had risen by
about 125%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Blue Foundry Bancorp shares had fallen by 3.7% this
quarter.
    * The company reported quarterly net income of $562
thousand.
    * Wall Street's median 12-month price target for Blue
Foundry
Bancorp is $13.50 
    * 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." 

This summary was machine generated from Refinitiv data January
25 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.01           0.02           Beat
 Sep. 30 2022      0.00           0.05           Beat
 Jun. 30 2022      0.00           0.00           Met
 Mar. 31 2022      -0.01          0.02           Beat