What To Know Ahead Of Brookline Bancorp ($BRKL) Q3 Earnings?

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On Wednesday 23rd October 2024, Brookline Bancorp (NASDAQ: BRKL) will be releasing its third quarter financial results. This much awaited announcement will be made after market close.

In accordance with the forecasts of financial specialists on Wall Street, the enterprise is primed to announce an anticipated $0.20 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $82.49 million for this particular period.

Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $328.1 million. Additionally, they are expecting the company to report profit of $0.76 per share for the fiscal year 2024.

The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.26. This figure was a result of the company's total revenue, which reached an impressive $84.07 million during that specific period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.19 -26.9% 80.00 M -7.0%
Q1 2024 $0.16 -40.7% 81.59 M -5.2%
Q4 2023 $0.26 -33.3% 83.56 M +4.4%
Q3 2023 $0.26 -33.3% 84.07 M +7.7%
Q2 2023 $0.26 -21.2% 86.04 M +19.7%
*Growth on year-over-year basis

 

BRKL will host a conference call with investment community on 24th October 2024 at 01:30 PM eastern time to discuss the financial results.

Monday's trading saw Brookline Bancorp (BRKL) shares hit a low of $10.38 and a high of $10.79, with a day volume of 516.80 thousand shares. The stock closed the regular trading session at $10.38, reflecting 3.53 percent decrease.