ConnectOne Bancorp Inc expected to post earnings of 44 cents a share - Earnings Preview

ConnectOne Bancorp

22/10/2024 16:01

* ConnectOne Bancorp Inc  CNOB.OQ   CNOB.O  is expected
to show a
rise in quarterly revenue when it reports  results on October 24
for the period ending September 30 2024
    * The Englewd Clfs New Jersey-based  company is expected to
report
a 1.9% increase in revenue to $63.548 million from $62.36
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. (SAL represents NII)
    * ​LSEG's mean analyst estimate for ConnectOne Bancorp Inc
is for
earnings of 44 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ConnectOne
Bancorp Inc is $28.50​, above​ its last closing price of $25.38.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.41        0.41       0.46      Beat    11.4
 Mar. 31 2024  0.42        0.42       0.41      Missed  -1.6
 Jan. 1 0001   0.44        0.45       0.46      Beat    2.2​
 Sep. 30 2023  0.49        0.50       0.51      Beat    2.4
 ​​Jan.        0.46        0.48       0.51      Beat    6.1
 1 0001                                                 
 Jan. 1 0001   0.64        0.65       0.59      Missed  -9.3​
 Dec. 31 2022  0.82        0.83       0.79      Missed  -4.2
 Sep. 30 2022  0.79        0.79       0.70      Missed  -11.1
 This summary was machine generated October 22 at 15:01 GMT.  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)