Columbia Financial Inc reports results for the quarter ended in June - Earnings Summary

Columbia Financial

26/07/2023 21:50

* Columbia Financial Inc  CLBK.OQ  reported quarterly
adjusted
earnings of 11 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 13
cents per share.
    * Revenue fell 23.1% to $51.15 million from a year ago;
analysts
expected $54.90 million. 
    * Columbia Financial Inc's reported EPS for the quarter was
2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Columbia Financial Inc shares had risen by 7.1% this
quarter and
lost 14.3% so far this year.
    * The company reported quarterly net income of $1.66
million.
    * Wall Street's median 12-month price target for Columbia
Financial Inc is $20.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
26 at 08:50 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.13           0.11           Missed
 Mar. 31 2023      0.19           0.18           Missed
 Dec. 31 2022      0.21           0.21           Met
 Sep. 30 2022      0.21           0.19           Missed