Brookline Bancorp Q2 Adj EPS $0.26 Misses $0.29 Estimate, Sales $86.04M Beat $85.16M Estimate
Portfolio Pulse from totan@benzinga.com
Brookline Bancorp (NASDAQ:BRKL) reported Q2 earnings of $0.26 per share, missing the analyst consensus estimate of $0.29 by 10.34%. This is a 21.21% decrease from the same period last year. However, the company reported quarterly sales of $86.04 million, beating the analyst consensus estimate of $85.16 million by 1.03%, a 19.72% increase from the same period last year.
July 26, 2023 | 8:09 pm
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Brookline Bancorp's Q2 earnings missed estimates but sales exceeded expectations. This mixed result could lead to uncertain short-term price movements.
Brookline Bancorp's Q2 earnings missed analyst estimates, which could negatively impact the stock price. However, the company's sales exceeded estimates, which could have a positive effect. The mixed results make the short-term price direction uncertain.
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RELEVANCE 100