Burke & Herbert Financial Services Corp reports results for the quarter ended in January 1 - Earnings Summary

Burke & Herbert Financial Services

27/10/2024 15:40

* Burke & Herbert Financial Services Corp  BHRB.OQ  reported
quarterly adjusted earnings of $1.82​​ per share for the quarter
ended January 1.  The mean expectation of two analysts for the
quarter was for earnings of $1.75 per share. Wall Street
expected results to range from $1.71  to $1.79 per share.
    * Revenue was $83.80 million​; analysts expected $85.95
million. 
    * Burke & Herbert Financial Services Corp's reported EPS for
the
quarter was $1.82​.
    * The company reported quarterly net income of $27.4
million.
    * Burke & Herbert Financial Services Corp shares had risen
by 5.6%
this quarter and gained 2.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
 "hold."

Wall Street's median 12-month price target for Burke & Herbert
Financial Services Corp is $74.50 
This summary was machine generated from LSEG data October 27 at
03:40 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      1.75           1.82           Beat
 Jun. 30 2024      1.27           -1.41          Missed