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

Mechanics Bancorp

30/10/2023 21:02

* HomeStreet Inc  HMST.OQ  reported quarterly adjusted
earnings of
12 cents​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was
for earnings of 5 cents per share.
    * Revenue fell 31.5% to $49.38 million from a year ago;
analysts
expected $52.92 million. 
    * HomeStreet Inc's reported EPS for the quarter was 12
cents​.
    * The mean earnings estimate of analysts had fallen by
about 39.7%
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 fallen by 42.2% this quarter and
lost 83.7% so far this year.
    * The company reported quarterly net income of $2.3 million.
    * Wall Street's median 12-month price target for HomeStreet
Inc is
$8.25 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 30 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.05           0.12           Beat
 Jun. 30 2023      0.19           0.17           Missed
 Mar. 31 2023      0.40           0.27           Missed
 Dec. 31 2022      0.75           0.45           Missed