HomeStreet Inc expected to post earnings of 2 cents a share - Earnings Preview

Mechanics Bancorp

26/01/2024 21:31

* HomeStreet Inc  HMST.OQ   HMST.O  is expected to show a
fall in
quarterly revenue when it reports  results on January 29 for the
period ending December 31 2023
    * The Seattle Washington-based  company is expected to
report a
23.9% decrease in revenue to $49.71 million from $65.36 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
earnings
of 2 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
$15.25​, above​ its last closing price of $15.10. ​​​

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 2023  0.04        0.05       0.12      Beat    163.7
 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
 ​​Sep.        1.01        1.02       1.08      Beat    6.1
 30 2022                                                
 Jun. 30 2022  0.96        0.96       0.94      Missed  -2.2​
 Mar. 31 2022  0.94        0.95       1.01      Beat    6.2
 Dec. 31 2021  1.35        1.31       1.43      Beat    8.8
 This summary was machine generated January 26 at 21:31 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)