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

Mechanics Bancorp

25/04/2022 22:51

* HomeStreet Inc  HMST.OQ  reported quarterly adjusted
earnings of
$1.01​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
95 cents per share.
    * Revenue fell 24.9% to $70.10 million from a year ago; 
analysts
expected $77.91 million. 
    * HomeStreet Inc's reported EPS for the quarter was $1.01​.
    * The mean earnings estimate of analysts had fallen by
about 10.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * HomeStreet Inc shares had fallen by 6.4% this quarter and
lost 14.7% so far this year.
    * The company reported quarterly net income of $19.95
million.
    * Wall Street's median 12-month price target for HomeStreet
Inc is
$54.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 25 at 09:51 p.m.  ​All
figures in US dollars unless otherwise stated