Brookline Bancorp's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Brookline Bancorp (NASDAQ:BRKL) is expected to release its quarterly earnings report on January 24, 2024, with an estimated EPS of $0.23. Investors are looking for an earnings beat and positive guidance for future growth. The company's stock performance has been negative over the past year, with a 19.55% decline. Previous earnings performance shows mixed results with both beats and misses, affecting stock prices variably.
January 23, 2024 | 6:02 pm
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Brookline Bancorp is anticipated to report quarterly earnings with an EPS estimate of $0.23. Past earnings have shown a mix of beats and misses, with varying stock price reactions. The stock has declined 19.55% over the past year, indicating potential investor concern.
The short-term impact on BRKL's stock price will likely hinge on whether the company meets or exceeds the EPS estimate and provides positive future guidance. Given the stock's decline over the past year, investor sentiment may be sensitive to these results. However, the mixed historical price reactions to past earnings results suggest a neutral score, as it is unclear how the market will respond.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100