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

Columbia Financial

25/10/2023 21:56

* Columbia Financial Inc  CLBK.OQ  reported quarterly
adjusted
earnings of 9 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 7 cents per share.
    * Revenue fell 37.5% to $48.52 million from a year ago;
analysts
expected $47.70 million. 
    * Columbia Financial Inc's reported EPS for the quarter was
9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Columbia Financial Inc shares had fallen by 0.6% this
quarter and lost 27.8% so far this year.
    * The company reported quarterly net income of $9.13
million.
    * Wall Street's median 12-month price target for Columbia
Financial Inc is $18.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 25 at 08:56 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.07           0.09           Beat
 Jun. 30 2023      0.13           0.02           Missed
 Mar. 31 2023      0.19           0.18           Missed
 Dec. 31 2022      0.21           0.21           Met