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

Blue Foundry Bancorp

26/10/2022 14:33

* Blue Foundry Bancorp  BLFY.OQ  reported quarterly adjusted
earnings of 5 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for breakeven results per share.
    * Revenue rose 26.1% to $14.61 million from a year ago;
analysts
expected $13.56 million. 
    * Blue Foundry Bancorp's reported EPS for the quarter was 5
cents​.
    * The mean earnings estimate of analysts had fallen by
about 60%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Blue Foundry Bancorp shares had risen by 5.7% this
quarter and
lost 19.4% so far this year.
    * The company reported quarterly net income of $1.24
million.
    * Wall Street's median 12-month price target for Blue
Foundry
Bancorp is $13.63 
    * 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 October
26 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.00           0.05           Beat
 Jun. 30 2022      0.00           0.00           Met
 Mar. 31 2022      -0.01          0.02           Beat
 Dec. 31 2021      0.00           -0.64          Missed