Eastern Bankshares Inc expected to post earnings of 34cents a share - Earnings Preview

Eastern Bankshares

24/01/2023 21:37

* Eastern Bankshares Inc  EBC.OQ   EBC.O  is expected
to show a
rise in quarterly revenue when it reports  results on January
26. 
    * The Boston Massachusetts-based  company is expected to
report  a
39.4% increase in revenue to $170.718 million from $122.44
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 34 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 $22.5​, above​ its last closing price
of $17.74. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.37        0.37       0.33      Missed  -10.3
 Jun. 30 2022  0.29        0.29       0.32      Beat    11.1
 Mar. 31 2022  0.28        0.27       0.32      Beat    17.3​
 Dec. 31 2021  0.24        0.24       0.26      Beat    8.7
 ​​Sep.        0.20        0.21       0.22      Beat    5.5
 30 2021                                                
 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. 31 2020  0.15        0.16       0.18      Beat    12.5
 This summary was machine generated January 24 at 21:37 GMT.  All
figures in US dollars  unless otherwise stated