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

ConnectOne Bancorp

29/04/2021 22:37

* ConnectOne Bancorp Inc  CNOB.OQ  reported quarterly adjusted
earnings of 82 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 67 cents per share.
* Revenue rose 10.6% to $61.16 million from a year ago​; 
analysts expected $61.71 million.
* ConnectOne Bancorp Inc's reported EPS for the quarter was 82
cents​.
* The mean earnings estimate of analysts had risen by about 11%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* ConnectOne Bancorp Inc shares had risen by 6.4% this
quarter and gained 36.2% so far this year.
* The company reported quarterly net income of $33 million.
* Wall Street's median 12-month price target for ConnectOne
Bancorp Inc is $29.00 
* 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." 
This summary was machine generated April 29 at 09:37 p.m. GMT.
​All figures in US Dollars.​