ConnectOne Bancorp Inc reports results for the quarter ended in June - Earnings Summary

ConnectOne Bancorp

28/07/2022 20:06

* ConnectOne Bancorp Inc  CNOB.OQ  reported quarterly
adjusted
earnings of 78 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 76 cents per share.
    * Revenue rose 20% to $75.59 million from a year ago;
analysts
expected $72.47 million. 
    * ConnectOne Bancorp Inc's reported EPS for the quarter was
78
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * ConnectOne Bancorp Inc shares had risen by 2.8% this
quarter and
lost 23.2% so far this year.
    * The company reported quarterly net income of $32.36
million.
    * Wall Street's median 12-month price target for ConnectOne
Bancorp Inc is $32.00 
    * 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." 

This summary was machine generated from Refinitiv data July 28
at 07:06 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.76           0.78           Beat
 Mar. 31 2022      0.75           0.75           Met
 Dec. 31 2021      0.76           0.79           Beat
 Sep. 30 2021      0.72           0.80           Beat