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

Essa Bancorp

27/07/2023 24:24

* ESSA Bancorp Inc  ESSA.OQ  reported quarterly adjusted
earnings
of 45 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for earnings of 39 cents
per share.
    * Revenue rose 0.3% to $17.16 million from a year ago;
analysts
expected $16.52 million. 
    * ESSA Bancorp Inc's reported EPS for the quarter was 45
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * ESSA Bancorp Inc shares had risen by 7.8% this quarter and
lost 22.8% so far this year.
    * The company reported quarterly net income of $4.4 million.
    * Wall Street's median 12-month price target for ESSA
Bancorp Inc
is $18.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
26 at 11:24 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.39           0.45           Beat
 Mar. 31 2023      0.45           0.48           Beat
 Dec. 31 2022      0.58           0.50           Missed
 Sep. 30 2022      0.53           0.60           Beat