OceanFirst Financial Corp reports results for the quarter ended in December - Earnings Summary

OceanFirst Financial

28/01/2022 08:38

* OceanFirst Financial Corp  OCFC.OQ  reported quarterly
adjusted
earnings of 48 cents​​ per share for the quarter ended in
December. The mean expectation of nine analysts for the quarter
was for earnings of 44 cents per share.
    * Revenue rose 3.5% to $80.59 million from a year ago; 
analysts
expected $81.24 million. 
    * OceanFirst Financial Corp's reported EPS for the quarter
was 37
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * OceanFirst Financial Corp shares had fallen by 0.1% this
quarter.
    * The company reported quarterly net income of $21.65
million.
    * Wall Street's median 12-month price target for OceanFirst
Financial Corp is $26.00 
    * 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." 

This summary was machine generated January 28 at 08:38 a.m.
 ​All figures in US dollars unless otherwise stated