Eastern Bankshares Inc expected to post earnings of 24 cents a share - Earnings Preview

Eastern Bankshares

25/01/2022 23:34

* Eastern Bankshares Inc  EBC.OQ   EBC.O  is expected
to show a
rise in quarterly revenue when it reports  results on January
27. 
    * The Boston Massachusetts-based  company is expected to
report  a
17.3% increase in revenue to $121.553 million from $103.61
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Eastern Bankshares
Inc is
for earnings of 24 cents per share. For the same quarter last
year, the company reported earnings of 18 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Eastern
Bankshares Inc is $24​, about 12.3% above​ its last closing
price of $21.05. ​​​
    * 

This summary was machine generated January 25 at 23:34 GMT.  All
figures in US dollars  unless otherwise stated