HomeStreet Inc reports results for the quarter ended in December - Earnings Summary

Mechanics Bancorp

27/01/2023 22:01

* HomeStreet Inc  HMST.OQ  reported quarterly adjusted
earnings of
45 cents​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for earnings of
75 cents per share.
    * Revenue fell 23.7% to $65.36 million from a year ago;
analysts
expected $69.43 million. 
    * HomeStreet Inc's reported EPS for the quarter was 45
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * HomeStreet Inc shares had risen by 4.9% this quarter.
    * The company reported quarterly net income of $8.5 million.
    * Wall Street's median 12-month price target for HomeStreet
Inc is
$31.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
27 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.75           0.45           Missed
 Sep. 30 2022      1.02           1.08           Beat
 Jun. 30 2022      0.96           0.94           Missed
 Mar. 31 2022      0.95           1.01           Beat