Dime Community Bancshares Inc expected to post earnings of 37 cents a share - Earnings Preview

Dime Commercial Bancshares

19/04/2024 13:47

* Dime Community Bancshares Inc  DCOM.OQ   DCOM.O  is
expected
to show a fall in quarterly revenue when it reports  results on
April 23 for the period ending March 31 2024
    * The Hauppauge New York-based  company is expected to
report a
15.5% decrease in revenue to $72.425 million from $85.75 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data. (SAL represents Net Interest Income)
    * ​LSEG's mean analyst estimate for Dime Community
Bancshares Inc
is for earnings of 37 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 Dime
Community
Bancshares Inc is $25.50​, above​ its last closing price
of $17.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.47        0.47       0.39      Missed  -16.7
 Sep. 30 2023  0.54        0.54       0.34      Missed  -36.4
 Jun. 30 2023  0.62        0.60       0.68      Beat    13.4​
 Mar. 31 2023  0.80        0.82       0.92      Beat    12.6
 ​​Dec.        0.99        1.00       0.99      Missed  -0.6
 31 2022                                                
 Sep. 30 2022  0.92        0.92       0.98      Beat    6.6​
 Jun. 30 2022  0.83        0.83       0.94      Beat    13.1
 Mar. 31 2022  0.84        0.83       0.82      Missed  -1.4
 This summary was machine generated April 19 at 12:47 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)