Northfield Bancorp Inc expected to post earnings of 15 cents a share - Earnings Preview

Northfield Bancorp

22/04/2024 22:23

* Northfield Bancorp Inc  NFBK.OQ   NFBK.O  is expected
to show a
fall in quarterly revenue when it reports  results on April 24
(estimated) for the period ending March 31 2024
    * The Woodbridge New Jersey-based  company is expected to
report a
16.9% decrease in revenue to $28.99 million from $34.9 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Northfield Bancorp Inc
is for
earnings of 15 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Northfield
Bancorp Inc is $13.00​, above​ its last closing price of $8.51.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.15        0.16       0.19      Beat    16.3
 Sep. 30 2023  0.18        0.19       0.19      Met     2.5
 Jun. 30 2023  0.21        0.22       0.22      Met     1.5​
 Mar. 31 2023  0.27        0.28       0.26      Missed  -7.3
 ​​Dec.        0.35        0.36       0.31      Missed  -12.7
 31 2022                                                
 Sep. 30 2022  0.34        0.34       0.37      Beat    10.4​
 Jun. 30 2022  0.29        0.29       0.34      Beat    18.3
 Mar. 31 2022  0.28        0.27       0.30      Beat    11.1
 This summary was machine generated April 22 at 21:23 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)