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

Bridgewater Bancshares

26/04/2023 23:40

* Bridgewater Bancshares Inc  BWB.OQ  reported quarterly
adjusted
earnings of 37 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 33 cents per share.
    * Revenue fell 3.9% to $30.51 million from a year ago;
analysts
expected $31.37 million. 
    * Bridgewater Bancshares Inc's reported EPS for the quarter
was 37
cents​.
    * The mean earnings estimate of analysts had fallen by
about 26.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Bridgewater Bancshares Inc shares had fallen by 11.4% this
quarter and lost 45.9% so far this year.
    * The company reported quarterly net income of $10.63
million.
    * Wall Street's median 12-month price target for Bridgewater
Bancshares Inc is $15.00 
    * 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
April 26 at 10:40 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.33           0.37           Beat
 Dec. 31 2022      0.47           0.45           Missed
 Sep. 30 2022      0.46           0.47           Beat
 Jun. 30 2022      0.41           0.41           Met