OceanFirst (OCFC) Reports Q2 Earnings: What Key Metrics Have to Say
OCFCOceanFirst Financial (OCFC) ZACKS·2024-07-19 07:00

OceanFirst Financial (OCFC) reported 93.25millioninrevenueforthequarterendedJune2024,representingayearoveryeardeclineof7.793.25 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 7.7%. EPS of 0.39 for the same period compares to 0.46ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.46 a year ago.The reported revenue compares to the Zacks Consensus Estimate of 94.93 million, representing a surprise of -1.78%. The company delivered an EPS surprise of -7.14%, with the consensus EPS estimate being $0.42.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...