ConnectOne Bancorp Inc expected to post earnings of 83cents a share - Earnings Preview

ConnectOne Bancorp

24/01/2023 15:11

* ConnectOne Bancorp Inc  CNOB.OQ   CNOB.O  is expected
to show a
rise in quarterly revenue when it reports  results on January
26. 
    * The Englewd Clfs New Jersey-based  company is expected to
report
 a 14.2% increase in revenue to $80.462 million from $70.46
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 83 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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​, above​ its last closing price of $24.92.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.79        0.79       0.70      Missed  -11.1
 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.        0.76        0.72       0.80      Beat    10.6
 30 2021                                                
 Jun. 30 2021  0.71        0.71       0.81      Beat    13.4​
 Mar. 31 2021  0.68        0.67       0.82      Beat    23.1
 Dec. 31 2020  0.54        0.54       0.65      Beat    19.8
 This summary was machine generated January 24 at 15:11 GMT.  All
figures in US dollars  unless otherwise stated