Eastern Bankshares Inc expected to post earnings of 27  cents a share - Earnings Preview

Eastern Bankshares

27/04/2022 03:03

* Eastern Bankshares Inc  EBC.OQ   EBC.O  is expected
to show a
rise in quarterly revenue when it reports  results on April 28. 
    * The Boston Massachusetts-based  company is expected to
report  a
29.1% increase in revenue to $129.17 million from $100.09
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Eastern Bankshares
Inc is
for earnings of 27 cents per share. For the same quarter last
year, the company reported earnings of 27 cents per share.
    * 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."  
    * 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 $25​, above​ its last closing price of $19.59.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.24        0.24       0.26      Beat    8.7
 Sep. 30 2021  0.20        0.21       0.22      Beat    5.5
 Jun. 30 2021  0.21        0.21       0.22      Beat    6.2​
 Mar. 31 2021  0.20        0.20       0.27      Beat    34.1
 ​​Dec.        0.15        0.16       0.18      Beat    12.5
 31 2020                                                
 Sep. 30 2020  0.14        0.14       0.17      Beat    24.4​
 This summary was machine generated April 27 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated