Dime Community Bancshares Inc reports results for the quarter ended in June - Earnings Summary

Dime Commercial Bancshares

29/07/2022 14:31

* Dime Community Bancshares Inc  DCOM.OQ  reported quarterly
adjusted earnings of 94 cents​​ per share for the quarter ended
in June. The mean expectation of four analysts for the quarter
was for earnings of 83 cents per share.
    * Revenue rose 0.3% to $93.51 million from a year ago;
analysts
expected $90.40 million. 
    * Dime Community Bancshares Inc's reported EPS for the
quarter was
94 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Dime Community Bancshares Inc shares had risen by 9.7%
this
quarter and lost 7.5% so far this year.
    * The company reported quarterly net income of $36.66
million.
    * Wall Street's median 12-month price target for Dime
Community
Bancshares Inc is $38.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 29
at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.83           0.94           Beat
 Mar. 31 2022      0.83           0.82           Missed
 Dec. 31 2021      0.86           0.83           Missed
 Sep. 30 2021      0.79           0.89           Beat