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

OceanFirst Financial

29/10/2021 24:45

* OceanFirst Financial Corp  OCFC.OQ  reported quarterly
adjusted earnings of 45 cents​​ per share for the quarter ended
in September. The mean expectation of nine analysts for the
quarter was for earnings of 41 cents per share.
* Revenue rose 0.4% to $77.13 million from a year ago;  analysts
expected $75.67 million. 
* OceanFirst Financial Corp's reported EPS for the quarter was
39 cents​.
* The mean earnings estimate of analysts had fallen by
about 4.1% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* OceanFirst Financial Corp shares had risen by 2.1% this
quarter and gained 17.4% so far this year.
* The company reported quarterly net income of $23.16 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 9 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated October 28 at 11:45 p.m.
 ​All figures in US dollars unless otherwise stated