Northfield Bancorp Q3 EPS $0.19 Beats $0.18 Estimate, Sales $29.69M Miss $30.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Northfield Bancorp (NASDAQ:NFBK) reported Q3 earnings of $0.19 per share, beating the analyst consensus estimate of $0.18 by 5.56%. However, this is a 48.65% decrease from the same period last year. The company also reported quarterly sales of $29.69 million, missing the analyst consensus estimate of $30.00 million by 1.03%, a 29.32% decrease from the same period last year.
October 26, 2023 | 5:40 am
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Northfield Bancorp's Q3 earnings beat estimates but are down significantly from last year. Sales also missed estimates and are down from last year.
Northfield Bancorp's earnings beat estimates, which is positive. However, the significant year-over-year decrease in both earnings and sales is a negative signal, which could lead to a decrease in the stock price.
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