• Wed. Sep 28th, 2022

OceanFirst Financial: Q2 Earnings Insights

ByBenzinga Insights

Jul 28, 2022
OceanFirst Financial: Q2 Earnings Insights

OceanFirst Financial OCFC reported its Q2 earnings results on Thursday, July 28, 2022 at 04:30 PM.

Here’s what investors need to know about the announcement.

Earnings

OceanFirst Financial beat estimated earnings by 7.27%, reporting an EPS of $0.59 versus an estimate of $0.55.

Revenue was up $16.78 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 1.02% increase in the share price the next day.

Here’s a look at OceanFirst Financial’s past performance:








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.46 0.44 0.40 0.43
EPS Actual 0.49 0.48 0.45 0.49
Revenue Estimate 83.35M 81.24M 75.67M 77.60M
Revenue Actual 84.23M 80.59M 77.13M 74.02M








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.46 0.44 0.40 0.43
EPS Actual 0.49 0.48 0.45 0.49
Revenue Estimate 83.35M 81.24M 75.67M 77.60M
Revenue Actual 84.23M 80.59M 77.13M 74.02M

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.



Image and article originally from www.benzinga.com. Read the original article here.