Brookline Bancorp Inc reports results for the quarter ended in June - Earnings Summary

Brookline Bancorp

26/07/2023 22:38

* Brookline Bancorp Inc  BRKL.OQ  reported quarterly
adjusted
earnings of 25 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of 29 cents per share.
    * Revenue rose 19.7% to $86.04 million from a year ago;
analysts
expected $85.16 million. 
    * Brookline Bancorp Inc's reported EPS for the quarter was
25
cents​.
    * The mean earnings estimate of analysts had fallen by
about 19%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Brookline Bancorp Inc shares had risen by 19.8% this
quarter and
lost 26.0% so far this year.
    * The company reported quarterly net income of $21.85
million.
    * Wall Street's median 12-month price target for Brookline
Bancorp
Inc is $11.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
26 at 09:38 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.29           0.25           Missed
 Mar. 31 2023      0.32           0.09           Missed
 Dec. 31 2022      0.40           0.39           Missed
 Sep. 30 2022      0.35           0.39           Beat