Eastern Bankshares (NASDAQ:EBC) reported its Q1 earnings results on Thursday, April 28, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Eastern Bankshares beat estimated earnings by 18.52%, reporting an EPS of $0.32 versus an estimate of $0.27.
Revenue was up $19.24 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 1.77% increase in the share price the next day.
Here's a look at Eastern Bankshares's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.25 | 0.21 | 0.21 | 0.20 |
| EPS Actual | 0.26 | 0.22 | 0.22 | 0.27 |
| Revenue Estimate | 121.55M | 106.57M | 102.20M | 103.93M |
| Revenue Actual | 171.44M | 145.90M | 150.34M | 155.30M |
To track all earnings releases for Eastern Bankshares visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
