ConnectOne Bancorp Inc expected to post earnings of 50  cents a share - Earnings Preview

ConnectOne Bancorp

24/10/2023 19:32

* ConnectOne Bancorp Inc  CNOB.OQ   CNOB.O  is expected
to show a
fall in quarterly revenue when it reports  results 
    * The Englewd Clfs New Jersey-based  company is expected to
report
 a 11.2% decrease in revenue to $63.489 million from $71.48
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 50 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"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 $23​, above​ its last closing price of $16.65.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.46        0.48       0.51      Beat    6.1
 Mar. 31 2023  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
 ​​Jun.        0.77        0.76       0.78      Beat    2.4
 30 2022                                                
 Mar. 31 2022  0.77        0.75       0.75      Met     0​
 Dec. 31 2021  0.78        0.76       0.79      Beat    3.7
 Sep. 30 2021  0.76        0.72       0.80      Beat    10.6
 This summary was machine generated October 24 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated