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

Dime Commercial Bancshares

19/10/2023 14:31

* Dime Community Bancshares Inc  DCOM.OQ  reported quarterly
adjusted earnings of 34 cents​​ per share for the quarter ended
in September. The mean expectation of five analysts for the
quarter was for earnings of 54 cents per share.
    * Revenue fell 23.9% to $76.48 million from a year ago;
analysts
expected $77.62 million. 
    * Dime Community Bancshares Inc's reported EPS for the
quarter was
34 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Dime Community Bancshares Inc shares had fallen by 0.8%
this
quarter and lost 37.8% so far this year.
    * The company reported quarterly net income of $13.16
million.
    * Wall Street's median 12-month price target for Dime
Community
Bancshares Inc is $24.00 
    * 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
October 19 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.54           0.34           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