Brookline Bancorp Inc expected to post earnings of 18 cents a share - Earnings Preview

Brookline Bancorp

22/07/2024 22:56

* Brookline Bancorp Inc  BRKL.OQ   BRKL.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 24
for the period ending June 30 2024
    * The Boston Massachusetts-based  company is expected to
report a
5.1% decrease in revenue to $81.665 million from $86.04 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (SAL represents Net Interest Income basis)
    * ​LSEG's mean analyst estimate for Brookline Bancorp Inc is
for
earnings of 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Brookline
Bancorp
Inc is $10.50​, above​ its last closing price of $10.05. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.23        0.22       0.16      Missed  -28.4
 Dec. 31 2024  0.23        0.23       0.26      Beat    11.4
 Sep. 30 2023  0.28        0.27       0.26      Missed  -4.9​
 Jun. 30 2023  0.28        0.29       0.25      Missed  -14.5
 ​​Mar.        0.33        0.32       0.09      Missed  -72.3
 31 2023                                                
 Dec. 31 2022  0.40        0.40       0.39      Missed  -1.3​
 Sep. 30 2022  0.34        0.35       0.39      Beat    12.2
 Jun. 30 2022  0.33        0.33       0.33      Met     -0.5
 This summary was machine generated July 22 at 21:56 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)