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

Kearny Financial

26/10/2023 14:33

* Kearny Financial Corp  KRNY.OQ  reported quarterly
adjusted
earnings of 16 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 14 cents per share.
    * Revenue fell 19.3% to $39.16 million from a year ago;
analysts
expected $37.61 million. 
    * Kearny Financial Corp's reported EPS for the quarter was
16
cents​.
    * The mean earnings estimate of analysts had fallen by
about 10%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Kearny Financial Corp shares had fallen by 4.3% this
quarter and
lost 34.7% so far this year.
    * The company reported quarterly net income of $9.84
million.
    * Wall Street's median 12-month price target for Kearny
Financial
Corp is $7.25 
    * 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
October 26 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.14           0.16           Beat
 Jun. 30 2023      0.14           0.19           Beat
 Mar. 31 2023      0.16           0.17           Beat
 Dec. 31 2022      0.18           0.26           Beat