ConnectOne Bancorp Inc expected to post earnings of 79cents a share - Earnings Preview

ConnectOne Bancorp

25/10/2022 19:34

* ConnectOne Bancorp Inc  CNOB.OQ   CNOB.O  is expected
to show a
rise in quarterly revenue when it reports  results on October
27. 
    * The Englewd Clfs New Jersey-based  company is expected to
report
 a 13.5% increase in revenue to $77.468 million from $68.25
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ConnectOne Bancorp
Inc is
for earnings of 79 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months. ​
    * Wall Street's median 12-month price target for ConnectOne
Bancorp Inc is $31​, above​ its last closing price of $24.76.
​​​

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 2022  0.77        0.76       0.78      Beat    2.4
 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
 ​​Jun.        0.71        0.71       0.81      Beat    13.4
 30 2021                                                
 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
 This summary was machine generated October 25 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated