Eagle Bancorp Inc reports results for the quarter ended in June - Earnings Summary

Eagle Bancorp

26/07/2023 22:40

* Eagle Bancorp Inc  EGBN.OQ  reported quarterly adjusted
earnings
of 94 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 68 cents per share.
    * Revenue fell 13.4% to $71.81 million from a year ago;
analysts
expected $72.17 million. 
    * Eagle Bancorp Inc's reported EPS for the quarter was 94
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Eagle Bancorp Inc shares had risen by 24.2% this
quarter and
lost 40.3% so far this year.
    * The company reported quarterly net income of $28.69
million.
    * Wall Street's median 12-month price target for Eagle
Bancorp Inc
is $25.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
26 at 09:40 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.68           0.94           Beat
 Mar. 31 2023      1.13           0.78           Missed
 Dec. 31 2022      1.16           1.32           Beat
 Sep. 30 2022      1.18           1.16           Missed