Northfield Bancorp Q2 EPS $0.22, Inline, Sales $33.98M Beat $32.89M Estimate
Portfolio Pulse from Benzinga Newsdesk
Northfield Bancorp (NASDAQ:NFBK) reported Q2 earnings of $0.22 per share, in line with analyst estimates. This represents a 35.29% decrease from the same period last year. The company's quarterly sales of $33.98 million beat the analyst consensus estimate of $32.89 million by 3.31%, but this is a 15.23% decrease from last year's sales.
July 27, 2023 | 5:15 am
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Northfield Bancorp's Q2 earnings met expectations but are down 35.29% YoY. Sales beat estimates but are down 15.23% YoY.
Northfield Bancorp's earnings met analyst expectations, which is positive. However, the significant YoY decrease in both earnings and sales could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100