HomeStreet Inc expected to post earnings of $1.12 a share - Earnings Preview

Mechanics Bancorp

23/10/2021 02:25

* HomeStreet Inc  HMST.OQ   HMST.O  is expected to show a fall
in quarterly revenue when it reports results on October 25. 
* The Seattle, Washington-based company is expected to report  a
10.7% decrease in revenue to $82.002 million from $91.84 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for HomeStreet Inc is for
earnings of $1.12 per share. For the same quarter last year, the
company reported earnings of $1.15 per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"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 $42​, about 3.9% below​ its last closing price of $43.62. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  1.17        1.16       1.37      Beat    18.3
 Mar. 31 2021  1.16        1.12       1.35      Beat    20.5
 Dec. 31 2020  1.10        1.07       1.25      Beat    16.6​
 Sep. 30 2020  0.86        0.83       1.15      Beat    38.2
 Jun.          0.26​       0.31       0.81      Beat    158.5​
 30​ 2020​                                              
 Mar. 31 2020  0.29        0.31       0.30      Missed  -3.4​
 Dec. 31 2019  0.46        0.43       0.54      Beat    24.9
 Sep. 30 2019  0.33        0.33       0.54      Beat    65.6
 This summary was machine generated October 23 at 01:25 GMT.  All
figures in US dollars unless otherwise stated