[ad_1]
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.
[ad_2]
Image and article originally from www.benzinga.com. Read the original article here.