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

ConnectOne Bancorp

27/10/2022 14:33

* ConnectOne Bancorp Inc  CNOB.OQ  reported quarterly
adjusted
earnings of 70 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of 79 cents per share.
    * Revenue rose 14.5% to $78.16 million from a year ago;
analysts
expected $77.47 million. 
    * ConnectOne Bancorp Inc's reported EPS for the quarter was
70
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * ConnectOne Bancorp Inc shares had risen by 7.7% this
quarter and
lost 24.1% so far this year.
    * The company reported quarterly net income of $27.41
million.
    * Wall Street's median 12-month price target for ConnectOne
Bancorp Inc is $31.00 
    * 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 October
27 at 01:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.79           0.70           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