Earnings Preview For New York Community
Portfolio Pulse from Benzinga Insights
New York Community (NYSE:NYCB) is set to release its quarterly earnings report on October 25, 2024. Analysts expect an EPS of $-0.39. The company's past performance has shown mixed reactions to earnings announcements, with a notable 5.75% share price increase following a previous EPS miss. Shares are currently trading at $11.81, down 57.75% over the past year.
October 24, 2024 | 4:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
New York Community is expected to report an EPS of $-0.39. Previous earnings misses have led to mixed stock price reactions, with a recent 5.75% increase despite a miss. Shares are down 57.75% over the past year.
The anticipated EPS of $-0.39 suggests a negative outlook, but past performance shows that even with EPS misses, the stock can react positively. The significant drop in share price over the year indicates bearish sentiment, but the market may react positively if the company provides strong guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100