ConnectOne Bancorp Inc expected to post earnings of 71 cents a share - Earnings Preview

ConnectOne Bancorp

27/07/2021 14:04

* ConnectOne Bancorp Inc  CNOB.OQ   CNOB.O  is expected to show
a rise in quarterly revenue when it reports results on July 29. 
* The Englewood Cliffs, New Jersey-based company is expected to
report   a 3.0% increase in revenue to $62.601 million from
$60.79 million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for ConnectOne Bancorp Inc
is for earnings of 71 cents per share. For the same quarter last
year, the company reported earnings of 49 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 $33​, about 23.8% above​ its last closing price
of $25.16. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.68        0.67       0.82      Beat    23.1
 Dec. 31 2020  0.54        0.54       0.65      Beat    19.8
 Sep. 30 2020  0.56        0.56       0.63      Beat    12​
 Jun. 30 2020  0.40        0.39       0.49      Beat    24.6
 Mar.          0.44​       0.44       0.35      Missed  -20.5​
 31​ 2020​                                              
 Dec. 31 2019  0.62        0.63       0.61      Missed  -2.5​
 Sep. 30 2019  0.57        0.58       0.60      Beat    4.3
 Jun. 30 2019  0.58        0.58       0.57      Missed  -1.5
 This summary was machine generated July 27 at 13:04 GMT.  All
figures in US dollars unless otherwise stated