HomeStreet Q2 Adj $(0.23) Beats $(0.26) Estimate
Portfolio Pulse from Benzinga Newsdesk
HomeStreet (NASDAQ:HMST) reported a Q2 adjusted loss of $(0.23) per share, beating the analyst estimate of $(0.26). This represents a significant decline from $0.17 per share in the same period last year.
July 29, 2024 | 8:21 pm
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HomeStreet reported a Q2 adjusted loss of $(0.23) per share, beating the analyst estimate of $(0.26). However, this is a significant decline from $0.17 per share in the same period last year.
While HomeStreet's Q2 adjusted loss of $(0.23) per share beat the analyst estimate of $(0.26), the significant year-over-year decline from $0.17 per share may concern investors. The mixed results could lead to neutral short-term price movement.
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