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

Mechanics Bancorp

24/10/2022 22:03

* HomeStreet Inc  HMST.OQ  reported quarterly adjusted
earnings of
$1.08​​ per share for the quarter ended in September. The mean
expectation of five analysts for the quarter was for earnings of
$1.02 per share.
    * Revenue fell 11.9% to $72.07 million from a year ago;
analysts
expected $76.13 million. 
    * HomeStreet Inc's reported EPS for the quarter was $1.08​.
    * The mean earnings estimate of analysts had fallen by
about 4.8%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * HomeStreet Inc shares had risen by 0.3% this quarter and
lost 44.4% so far this year.
    * The company reported quarterly net income of $20.37
million.
    * Wall Street's median 12-month price target for HomeStreet
Inc is
$38.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
24 at 09:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      1.31           1.43           Beat