HomeStreet Inc expected to post a loss of 19 cents a share - Earnings Preview

Mechanics Bancorp

24/01/2025 21:18

* HomeStreet Inc  HMST.OQ   HMST.O  is expected to show a
fall in
quarterly revenue when it reports  results on January 27 for the
period ending December 31 2024
    * The Seattle Washington-based  company is expected to
report a
10.5% decrease in revenue to $41.108 million from $45.95 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (SAL represents Total revenue)
    * ​LSEG's mean analyst estimate for HomeStreet Inc is for a
loss
of 19 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for HomeStreet
Inc is
$12.50​, above​ its last closing price of $10.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  -0.27       -0.24      -0.32     Missed  -32
 Jun. 30 2024  -0.28       -0.26      -0.23     Beat    11.5
 Mar. 31 2024  -0.11       -0.12      -0.29     Missed  -136.7
                                                        ​
 Dec. 31 2023  0.01        0.02       -0.12     Missed  -816.4
 ​​Sep.        0.04        0.05       0.12      Beat    163.7
 30 2023                                                
 Jun. 30 2023  0.18        0.19       0.17      Missed  -10.6​
 Mar. 31 2023  0.40        0.40       0.27      Missed  -33
 Dec. 31 2022  0.76        0.75       0.45      Missed  -39.9
 This summary was machine generated January 24 at 21:18 GMT.  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)