OceanFirst Financial (NASDAQ:OCFC) reported its Q4 earnings results on Thursday, January 27, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
OceanFirst Financial beat estimated earnings by 9.09%, reporting an EPS of $0.48 versus an estimate of $0.44, which did not surprise analysts.
Revenue was up $2.73 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05, which was followed by a 0.94% drop in the share price the next day.
Here's a look at OceanFirst Financial's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.40 | 0.43 | 0.40 | 0.38 |
| EPS Actual | 0.45 | 0.49 | 0.44 | 0.39 |
| Revenue Estimate | 75.67M | 77.60M | 78.81M | 75.41M |
| Revenue Actual | 77.13M | 74.02M | 73.60M | 77.85M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
