Essa Bancorp Inc Reports Results For The Quarter Ended In December: Earnings Summary

Essa Bancorp

25/01/2024 02:39

* ESSA Bancorp Inc  ESSA.OQ  reported quarterly adjusted
earnings
of 45 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 50 cents.  The lone analyst forecast for the quarter was
for earnings of 46 cents per share. 
    * Revenue fell 4.3% to $16.83 million from a year ago;
analysts
expected $17.60 million. 
    * ESSA Bancorp Inc's reported EPS for the quarter was 45
cents​.
    * The company reported quarterly net income of $4.34
million.
    * ESSA Bancorp Inc shares had fallen by 0.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.2%
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," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for ESSA Bancorp Inc
is $19.00 
This summary was machine generated from LSEG data January 25 at
02:38 a.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
 Dec. 31 2023      0.46           0.45           Missed
 Sep. 30 2023      0.42           0.47           Beat
 Jun. 30 2023      0.39           0.45           Beat
 Mar. 31 2023      0.45           0.48           Beat