Bridgewater Bancshares Inc reports results for the quarter ended in June - Earnings Summary

Bridgewater Bancshares

27/07/2023 24:57

* Bridgewater Bancshares Inc  BWB.OQ  reported quarterly
adjusted
earnings of 31 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 31 cents per share.
    * Revenue fell 20.2% to $27.29 million from a year ago;
analysts
expected $29.73 million. 
    * Bridgewater Bancshares Inc's reported EPS for the quarter
was 31
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Bridgewater Bancshares Inc shares had risen by 10.2% this
quarter and lost 38.8% so far this year.
    * The company reported quarterly net income of $8.8 million.
    * Wall Street's median 12-month price target for Bridgewater
Bancshares Inc is $13.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
26 at 11:57 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.31           0.31           Met
 Mar. 31 2023      0.33           0.37           Beat
 Dec. 31 2022      0.47           0.45           Missed
 Sep. 30 2022      0.46           0.47           Beat