Kearny Financial Corp reports results for the quarter ended in June - Earnings Summary

Kearny Financial

27/07/2023 18:58

* Kearny Financial Corp  KRNY.OQ  reported quarterly
adjusted
earnings of 19 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 14 cents per share.
    * Revenue fell 20.6% to $40.18 million from a year ago;
analysts
expected $39.11 million. 
    * Kearny Financial Corp's reported EPS for the quarter was
19
cents​.
    * The mean earnings estimate of analysts had fallen by
about 15.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Kearny Financial Corp shares had risen by 16.5% this
quarter and
lost 19.1% so far this year.
    * The company reported quarterly net income of $12.01
million.
    * Wall Street's median 12-month price target for Kearny
Financial
Corp is $7.75 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 05:58 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.14           0.19           Beat
 Mar. 31 2023      0.16           0.17           Beat
 Dec. 31 2022      0.18           0.26           Beat
 Sep. 30 2022      0.24           0.25           Beat