ConnectOne Bancorp Inc expected to post earnings of 76 cents a share - Earnings Preview

ConnectOne Bancorp

25/01/2022 16:27

* ConnectOne Bancorp Inc  CNOB.OQ   CNOB.O  is expected
to show a
rise in quarterly revenue when it reports  results on January
27. 
    * The Englewood Cliffs New Jersey-based  company is expected
to
report  a 24.4% increase in revenue to $70.153 million from
$56.37 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 76 cents per share. For the same quarter last
year, the company reported earnings of 65 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 $39​, about 10.4% above​ its last closing price
of $34.96. ​​​
    * 

This summary was machine generated January 25 at 16:27 GMT.  All
figures in US dollars  unless otherwise stated