OceanFirst Financial Corp expected to post earnings of 44 cents a share - Earnings Preview

OceanFirst Financial

25/01/2022 22:28

* OceanFirst Financial Corp  OCFC.OQ   OCFC.O  is expected
to show
a rise in quarterly revenue when it reports  results on January
27. 
    * The Toms River New Jersey-based  company is expected to
report 
a 4.4% increase in revenue to $81.242 million from $77.85
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for OceanFirst
Financial Corp
is for earnings of 44 cents per share. For the same quarter last
year, the company reported earnings of 39 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"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 OceanFirst
Financial Corp is $26​, about 11.3% above​ its last closing
price of $23.06. ​​​
    * 

This summary was machine generated January 25 at 22:28 GMT.  All
figures in US dollars  unless otherwise stated