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

Brookline Bancorp

27/04/2023 01:18

* Brookline Bancorp Inc  BRKL.OQ  reported quarterly
adjusted
earnings of 9 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 32 cents per share.
    * Revenue rose 23.2% to $86.05 million from a year ago;
analysts
expected $98.26 million. 
    * Brookline Bancorp Inc's reported EPS for the quarter was 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Brookline Bancorp Inc shares had fallen by 6.6% this
quarter and
lost 30.7% so far this year.
    * The company reported quarterly net income of $7.56
million.
    * Wall Street's median 12-month price target for Brookline
Bancorp
Inc is $13.00 
    * 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
April 27 at 12:18 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.33           0.33           Met