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

Mechanics Bancorp

25/07/2022 23:01

* HomeStreet Inc  HMST.OQ  reported quarterly adjusted
earnings of
94 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
96 cents per share.
    * Revenue fell 15.2% to $73.07 million from a year ago;
analysts
expected $77.33 million. 
    * HomeStreet Inc's reported EPS for the quarter was 94
cents​.
    * The mean earnings estimate of analysts had fallen by
about 16%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * HomeStreet Inc shares had risen by 8.6% this quarter and
lost 27.6% so far this year.
    * The company reported quarterly net income of $17.72
million.
    * Wall Street's median 12-month price target for HomeStreet
Inc is
$42.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 25
at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.96           0.94           Missed
 Mar. 31 2022      0.95           1.01           Beat
 Dec. 31 2021      1.31           1.43           Beat
 Sep. 30 2021      1.12           1.31           Beat