ConnectOne Bancorp Inc expected to post earnings of 77  cents a share - Earnings Preview

ConnectOne Bancorp

26/07/2022 19:40

* ConnectOne Bancorp Inc  CNOB.OQ   CNOB.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 28. 
    * The Union New Jersey-based  company is expected to report 
a
15.1% increase in revenue to $72.518 million from $63.01 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 77 cents per share. For the same quarter last
year, the company reported earnings of 81 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $31.5​, above​ its last closing price of $24.74.
​​​
    * 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 2022  0.77        0.75       0.75      Met     0
 Dec. 31 2022  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
 ​​Mar.        0.68        0.67       0.82      Beat    23.1
 31 2021                                                
 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
 This summary was machine generated July 26 at 18:39 GMT.  All
figures in US dollars  unless otherwise stated