Brookline Bancorp Inc expected to post earnings of 22 cents a share - Earnings Preview

Brookline Bancorp

22/04/2024 22:55

* Brookline Bancorp Inc  BRKL.OQ   BRKL.O  is expected
to show a
fall in quarterly revenue when it reports  results on April 24
for the period ending March 31 2024
    * The Boston Massachusetts-based  company is expected to
report a
3.3% decrease in revenue to $83.25 million from $86.05 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Brookline Bancorp Inc is
for
earnings of 22 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $13.00​, above​ its last closing price of $9.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  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. 31 2023  0.33        0.32       0.09      Missed  -72.3
 ​​Dec.        0.40        0.40       0.39      Missed  -1.3
 31 2022                                                
 Sep. 30 2022  0.34        0.35       0.39      Beat    12.2​
 Jun. 30 2022  0.33        0.33       0.33      Met     -0.5
 Mar. 31 2022  0.31        0.31       0.32      Beat    3.7
 This summary was machine generated April 22 at 21:55 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)