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

Dime Commercial Bancshares

28/07/2023 14:31

* Dime Community Bancshares Inc  DCOM.OQ  reported quarterly
adjusted earnings of 68 cents​​ per share for the quarter ended
in June. The mean expectation of five analysts for the quarter
was for earnings of 60 cents per share.
    * Revenue fell 14.2% to $80.22 million from a year ago;
analysts
expected $80.47 million. 
    * Dime Community Bancshares Inc's reported EPS for the
quarter was
66 cents​.
    * The mean earnings estimate of analysts had fallen by
about 22.4%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Dime Community Bancshares Inc shares had risen by 22.9%
this
quarter and lost 32.0% so far this year.
    * The company reported quarterly net income of $25.68
million.
    * Wall Street's median 12-month price target for Dime
Community
Bancshares Inc is $23.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
28 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.60           0.68           Beat
 Mar. 31 2023      0.82           0.92           Beat
 Dec. 31 2022      1.00           0.99           Missed
 Sep. 30 2022      0.92           0.98           Beat