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OceanFirst Financial (NASDAQ:OCFC) released its Q4 earnings on Thursday, January 23, 2025 at 04:15 PM.
Here's what's important from the earnings announcement.
OceanFirst Financial beat estimated earnings by 3.0%, reporting an EPS of $0.38 versus an estimate of $0.37.
Revenue was down $4.50 million from the same period last year.
During the previous quarter, the company beat on EPS by $0.01, leading to a 2.0% drop share price change the next day.
Here's a look at OceanFirst Financial's past performance:
| Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.38 | 0.43 | 0.41 | 0.43 |
| EPS Actual | 0.39 | 0.39 | 0.44 | 0.45 |
| Revenue Estimate | 83.18M | 85.46M | 87.40M | 90.36M |
| Revenue Actual | 82.22M | 82.26M | 86.22M | 87.82M |
To track all earnings releases for OceanFirst Financial visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: OCFC
