HomeStreet Inc expected to post earnings of 40  cents a share - Earnings Preview

Mechanics Bancorp

22/04/2023 01:54

* HomeStreet Inc  HMST.OQ   HMST.O  is expected to show a
fall in
quarterly revenue when it reports  results on April 24. 
    * The Seattle Washington-based  company is expected to
report  a
9.8% decrease in revenue to $63.24 million from $70.1 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 40 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
$22.5​, above​ its last closing price of $17.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.94        0.95       1.01      Beat    6.2
 ​​Dec.        1.35        1.31       1.43      Beat    8.8
 31 2021                                                
 Sep. 30 2021  1.11        1.12       1.31      Beat    17.5​
 Jun. 30 2021  1.17        1.16       1.37      Beat    18.3
 Mar. 31 2021  1.16        1.12       1.35      Beat    20.5
 This summary was machine generated April 22 at 00:54 GMT.  All
figures in US dollars  unless otherwise stated