Brookline Bancorp Inc expected to post earnings of 23 cents a share - Earnings Preview

Brookline Bancorp

22/01/2024 21:42

* Brookline Bancorp Inc  BRKL.OQ   BRKL.O  is expected
to show a
rise in quarterly revenue when it reports  results on January 24
for the period ending December 31 2023
    * The Boston Massachusetts-based  company is expected to
report a
6.4% increase in revenue to $85.19 million from $80.03 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data. (SAL represents Net Interest Income basis)
    * ​LSEG's mean analyst estimate for Brookline Bancorp Inc is
for
earnings of 23 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 $11.00​, above​ its last closing price of $10.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.40        0.40       0.39      Missed  -1.3
 ​​Sep.        0.34        0.35       0.39      Beat    12.2
 30 2022                                                
 Jun. 30 2022  0.33        0.33       0.33      Met     -0.5​
 Mar. 31 2022  0.31        0.31       0.32      Beat    3.7
 Dec. 31 2021  0.33        0.33       0.37      Beat    11.9
 This summary was machine generated January 22 at 21:42 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)