Northeast Community Bancorp Inc reports results for the quarter ended in September - Earnings Summary

Northeast Community Bancorp

27/10/2023 22:17

* Northeast Community Bancorp Inc  NECB.OQ  reported
quarterly
adjusted earnings of 80 cents​​ per share for the quarter ended
in September. The lone analyst forecast for the quarter was
for earnings of 68 cents per share.
    * Revenue rose 42.7% to $25.35 million from a year ago;
analysts
expected $23.74 million. 
    * Northeast Community Bancorp Inc's reported EPS for the
quarter
was 80 cents​.
    * The mean earnings estimate of analysts had risen by
about 11.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Northeast Community Bancorp Inc shares had fallen by 2.4%
this
quarter and lost 3.4% so far this year.
    * The company reported quarterly net income of $11.84
million.
    * Wall Street's median 12-month price target for Northeast
Community Bancorp Inc is $18.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 27 at 09:16 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.68           0.80           Beat
 Jun. 30 2023      0.65           0.75           Beat
 Mar. 31 2023      0.61           0.77           Beat
 Dec. 31 2022      0.56           0.54           Missed