Dime Community Bancshares Inc expected to post earnings of 38 cents a share - Earnings Preview

Dime Commercial Bancshares

19/07/2024 14:55

* Dime Community Bancshares Inc  DCOM.OQ   DCOM.O  is
expected
to show a fall in quarterly revenue when it reports  results on
July 23 for the period ending June 30 2024
    * The Hauppauge New York-based  company is expected to
report a
8.4% decrease in revenue to $73.449 million from $80.22 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 38 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 $23.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.37        0.37       0.42      Beat    12.7
 Dec. 31 2024  0.47        0.47       0.39      Missed  -16.7
 Jan. 1 0001   0.54        0.54       0.34      Missed  -36.4​
 Jun. 30 2023  0.62        0.60       0.68      Beat    13.4
 ​​Mar.        0.80        0.82       0.92      Beat    12.6
 31 2023                                                
 Jan. 1 0001   0.99        1.00       0.99      Missed  -0.6​
 Sep. 30 2022  0.92        0.92       0.98      Beat    6.6
 Jun. 30 2022  0.83        0.83       0.94      Beat    13.1
 This summary was machine generated July 19 at 13:55 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)