Eastern Bankshares Inc reports results for the quarter ended in September - Earnings Summary

Eastern Bankshares

28/10/2021 23:27

* Eastern Bankshares Inc  EBC.OQ  reported quarterly adjusted
earnings of 22 cents​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of 21 cents per share.
* Revenue rose 4% to $102.69 million from a year ago;  analysts
expected $106.57 million. 
* Eastern Bankshares Inc's reported EPS for the quarter was 22
cents​.
* The mean earnings estimate of analysts had risen by
about 11.2% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Eastern Bankshares Inc shares had fallen by 0.3% this
quarter and gained 24.1% so far this year.
* The company reported quarterly net income of $37.11 million.
* Wall Street's median 12-month price target for Eastern
Bankshares Inc is $24.50 
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated October 28 at 10:27 p.m.
 ​All figures in US dollars unless otherwise stated