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

Brookline Bancorp

25/10/2023 22:37

* Brookline Bancorp Inc  BRKL.OQ  reported quarterly
adjusted
earnings of 26 cents​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of 27 cents per share.
    * Revenue rose 7.7% to $84.07 million from a year ago;
analysts
expected $85.74 million. 
    * Brookline Bancorp Inc's reported EPS for the quarter was
26
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Brookline Bancorp Inc shares had fallen by 6.6% this
quarter and
lost 39.9% so far this year.
    * The company reported quarterly net income of $22.7
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 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 25 at 09:36 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.27           0.26           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