Brookline Bancorp Earnings Preview: Get Ahead of the Analysts
Brookline Bancorp (NASDAQ:BRKL) will report earnings after markets close on Wednesday, April 24th. Brookline Bancorp, Inc. is the holding company for Brookline Bank. The Bank is a full-service financial institution providing individuals and small to mid-sized businesses with personal deposit and lending services, residential mortgages and home equity credit, C & I lending, commercial real estate lending, cash management, payroll and merchant services, and access to investment services.
Here is your Cheat Sheet to Brookline Bancorp Earnings:
Earnings Expectations: Analysts expect earnings of $0.15 per share on revenues of $44.97 million. Currently, the company’s P/E ratio stands at 16.53.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.16 and has not changed. For the current year, the average estimate is a profit of $0.63, which is worse than the estimate ninety days ago.
Here’s how Brookline Bancorp has been performing on an annual basis:
|Revenue ($) in millions||144.91||141.82||133.35||145.60||231.80|
|Diluted EPS ($)||0.22||0.33||0.46||0.47||0.53|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||37.37||56.59||56.56||59.18||59.48|
|Diluted EPS ($)||0.12||0.09||0.11||0.16||0.17|
Brookline Bancorp has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)