Northfield Bancorp Inc expected to post earnings of 16 cents a share - Earnings Preview

Northfield Bancorp

19/01/2024 21:19

* Northfield Bancorp Inc  NFBK.OQ   NFBK.O  is expected
to show a
fall in quarterly revenue when it reports  results on January 23
(estimated) for the period ending December 31 2023
    * The Woodbridge New Jersey-based  company is expected to
report a
24.2% decrease in revenue to $29.806 million from $39.34 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (SAL Represents Net Interest Income)
    * ​LSEG's mean analyst estimate for Northfield Bancorp Inc
is for
earnings of 16 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 $12.00​, below​ its last closing price of $12.17.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.35        0.36       0.31      Missed  -12.7
 ​​Sep.        0.34        0.34       0.37      Beat    10.4
 30 2022                                                
 Jun. 30 2022  0.29        0.29       0.34      Beat    18.3​
 Mar. 31 2022  0.28        0.27       0.30      Beat    11.1
 Dec. 31 2021  0.32        0.31       0.34      Beat    9.7
 This summary was machine generated January 19 at 21:19 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)