Preview: OceanFirst Financial's Earnings
Portfolio Pulse from Benzinga Insights
OceanFirst Financial (NASDAQ:OCFC) is set to release its quarterly earnings report on July 20, 2023. Analysts estimate an EPS of $0.47. The company's past performance shows a pattern of share price changes following earnings reports. The stock is currently trading at $17.4, down 10.83% over the last 52 weeks.
July 19, 2023 | 6:02 pm
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NEUTRAL IMPACT
OceanFirst Financial's upcoming earnings report could impact its stock price. The company's past earnings have resulted in significant share price changes. The stock is currently down 10.83% over the last 52 weeks.
OceanFirst Financial's stock price has shown to be sensitive to its earnings reports. Given the company's history of price changes following earnings, the upcoming report could potentially impact the stock price. However, the direction of the impact is uncertain as it depends on whether the company meets, exceeds, or falls short of the estimated EPS of $0.47.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100