ConnectOne Bancorp Inc expected to post earnings of 48  cents a share - Earnings Preview

ConnectOne Bancorp

25/07/2023 19:33

* ConnectOne Bancorp Inc  CNOB.OQ   CNOB.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 27. 
    * The Englewd Clfs New Jersey-based  company is expected to
report
 a 16.3% decrease in revenue to $63.246 million from $75.59
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ConnectOne Bancorp
Inc is
for earnings of 48 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 $22​, above​ its last closing price of $18.89.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.64        0.65       0.59      Missed  -9.3
 Dec. 31 2023  0.82        0.83       0.79      Missed  -4.2
 Sep. 30 2022  0.79        0.79       0.70      Missed  -11.1​
 Jun. 30 2022  0.77        0.76       0.78      Beat    2.4
 ​​Mar.        0.77        0.75       0.75      Met     0
 31 2022                                                
 Dec. 31 2021  0.78        0.76       0.79      Beat    3.7​
 Sep. 30 2021  0.76        0.72       0.80      Beat    10.6
 Jun. 30 2021  0.71        0.71       0.81      Beat    13.4
 This summary was machine generated July 25 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated