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OceanFirst Financial (NASDAQ:OCFC) reported its Q4 earnings results on Thursday, January 18, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
OceanFirst Financial beat estimated earnings by 4.65%, reporting an EPS of $0.45 versus an estimate of $0.43.
Revenue was down $18.66 million from the same period last year.
Last quarter the company missed on EPS by $0.03 which was followed by a 3.47% drop in the share price the next day.
Here's a look at OceanFirst Financial's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.35 | 0.47 | 0.64 | 0.62 |
| EPS Actual | 0.32 | 0.46 | 0.55 | 0.67 |
| Revenue Estimate | 91.30M | 91.85M | 107.61M | 98.96M |
| Revenue Actual | 91.00M | 92.11M | 98.80M | 106.49M |
To track all earnings releases for OceanFirst Financial visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: OCFC
