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

Bridgewater Bancshares

26/10/2023 04:15

* Bridgewater Bancshares Inc  BWB.OQ  reported quarterly
adjusted
earnings of 30 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 27 cents per share.
    * Revenue fell 23.5% to $27.15 million from a year ago;
analysts
expected $27.20 million. 
    * Bridgewater Bancshares Inc's reported EPS for the quarter
was 30
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.1%
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 fallen by 5.0% this
quarter and lost 49.2% so far this year.
    * The company reported quarterly net income of $8.62
million.
    * Wall Street's median 12-month price target for Bridgewater
Bancshares Inc is $13.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 03:15 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.27           0.30           Beat
 Jun. 30 2023      0.31           0.31           Met
 Mar. 31 2023      0.33           0.37           Beat
 Dec. 31 2022      0.47           0.45           Missed