Northfield Bancorp Inc reports results for the quarter ended in June - Earnings Summary

Northfield Bancorp

27/07/2023 01:07

* Northfield Bancorp Inc  NFBK.OQ  reported quarterly
adjusted
earnings of 22 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 22 cents per share.
    * Revenue fell 22.3% to $31.16 million from a year ago;
analysts
expected $32.89 million. 
    * Northfield Bancorp Inc's reported EPS for the quarter was
22
cents​.
    * The mean earnings estimate of analysts had fallen by
about 22.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Northfield Bancorp Inc shares had risen by 10.3% this
quarter and lost 23.0% so far this year.
    * The company reported quarterly net income of $9.56
million.
    * Wall Street's median 12-month price target for Northfield
Bancorp Inc is $11.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
27 at 12:07 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.22           0.22           Met
 Mar. 31 2023      0.28           0.26           Missed
 Dec. 31 2022      0.36           0.31           Missed
 Sep. 30 2022      0.34           0.37           Beat