Hanover Bancorp Inc (MINEOLA) reports results for the quarter ended December 31 - Earnings Summary

Hanover Bancorp

29/01/2025 22:02

* Hanover Bancorp Inc (MINEOLA)  HNVR.OQ  reported quarterly
adjusted earnings of 52 cents​​ per share for the quarter ended
December 31.  The mean expectation of two analysts for the
quarter was for earnings of 48 cents per share. Wall Street
expected results to range from 47 cents to 49 cents per share.
    * Revenue was $13.81 million​; analysts expected $13.70
million. 
    * Hanover Bancorp Inc (MINEOLA)'s reported EPS for the
quarter was
52 cents​.
    * The company reported quarterly net income of $3.9 million.
    * Hanover Bancorp Inc (MINEOLA) shares had risen by 14.1%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.2%
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 "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
 "hold."

Wall Street's median 12-month price target for Hanover Bancorp
Inc (MINEOLA) is $27.00 
This summary was machine generated from LSEG data January 29 at
10:01 p.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 2024      0.48           0.52           Beat
 Sep. 30 2024      0.43           0.48           Beat
 Jun. 30 2024      0.48           0.11           Missed
 Mar. 31 2024      0.45           0.55           Beat