Brookline Bancorp Q2 2024 Adj EPS $0.19 Beats $0.18 Estimate, Sales $80.001M Miss $81.665M Estimate
Portfolio Pulse from Benzinga Newsdesk
Brookline Bancorp (NASDAQ:BRKL) reported Q2 2024 earnings per share (EPS) of $0.19, beating the analyst estimate of $0.18. However, sales of $80.001 million missed the $81.665 million estimate. Both EPS and sales figures are down compared to the same period last year.
July 24, 2024 | 8:24 pm
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Brookline Bancorp reported Q2 2024 EPS of $0.19, beating the $0.18 estimate, but sales of $80.001 million missed the $81.665 million estimate. Both EPS and sales are down year-over-year.
While Brookline Bancorp's EPS beat estimates, the miss on sales and the year-over-year decline in both EPS and sales could create mixed sentiment among investors. The short-term impact on the stock price is likely to be neutral as the positive EPS is offset by the negative sales performance.
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