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

Eagle Bancorp

24/04/2024 22:01

* Eagle Bancorp Inc  EGBN.OQ  reported a quarterly adjusted
loss
of 1 cent​​ per share for the quarter ended in March, lower than
the same quarter last year, when the company reported EPS of 78
cents.  The mean expectation of three analysts for the quarter
was for earnings of 59 cents per share. Wall Street expected
results to range from 57 cents to 61 cents per share.
    * Revenue fell 0.4% to $74.70 million from a year ago;
analysts
expected $74.01 million. 
    * Eagle Bancorp Inc shares had fallen by 5.2% this
quarter and
lost 26.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Eagle
Bancorp Inc
is $26.00 

This summary was machine generated from LSEG data April 24 at
09:00 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.59           -0.01          Missed
 Dec. 31 2023      0.68           0.67           Missed
 Sep. 30 2023      0.72           0.91           Beat
 Jun. 30 2023      0.68           0.94           Beat