Earnings Preview : Q3 2024 Is Shaping Up To Be An Important Quarter For Flagstar Financial ($NYCB)

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Mark your calendars for Friday 25th October 2024, as Flagstar Financial (NYSE: NYCB) is set to unveil its third quarter financial results. This highly anticipated announcement will be made before market open, giving investors and market participants a chance to assess the company's financial performance.

Wall Street financial experts forecast that the enterprise is set to announce an expected $0.40 loss per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $521.73 million for this particular period.

The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $2.24 billion. They also believe the company will reach about loss of $2.49 per share for the fiscal year.

In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $1.08. Moreover, the company achieved a remarkable total revenue of $882 million during that quarter.

 

Additionally, The company will host a conference call with investors and analysts on 25th October 2024 at 08:00 AM eastern time to review the Q3 2024 financial results.

Flagstar Financial (NYCB) shares experienced a range of $11.61 to $11.93 on a day volume of 3.97 million shares. The stock closed Wednesday's regular trading session at $11.81, demonstrating a 0.25 percent increase.