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

Mechanics Bancorp

26/07/2023 21:02

* HomeStreet Inc  HMST.OQ   HMST.O  is expected to show a
fall in
quarterly revenue when it reports  results on July 28. 
    * The Seattle Washington-based  company is expected to
report  a
22.5% decrease in revenue to $56.635 million from $73.07 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 19 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "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
$7.25​, below​ its last closing price of $8.73. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.40        0.40       0.27      Missed  -33
 Dec. 31 2023  0.76        0.75       0.45      Missed  -39.9
 Sep. 30 2022  1.01        1.02       1.08      Beat    6.1​
 Jun. 30 2022  0.96        0.96       0.94      Missed  -2.2
 ​​Mar.        0.94        0.95       1.01      Beat    6.2
 31 2022                                                
 Dec. 31 2021  1.35        1.31       1.43      Beat    8.8​
 Sep. 30 2021  1.11        1.12       1.31      Beat    17.5
 Jun. 30 2021  1.17        1.16       1.37      Beat    18.3
 This summary was machine generated July 26 at 20:02 GMT.  All
figures in US dollars  unless otherwise stated