Earnings Preview For New York Community

New York Community NYCB will release its quarterly earnings report on Friday, 2024-10-25. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate New York Community to report an earnings per share (EPS) of $-0.39.

Anticipation surrounds New York Community's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Performance in Previous Earnings

Last quarter the company missed EPS by $0.63, which was followed by a 5.75% increase in the share price the next day.

Here's a look at New York Community's past performance and the resulting price change:

Tracking New York Community's Stock Performance

Shares of New York Community were trading at $11.81 as of October 23. Over the last 52-week period, shares are down 57.75%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for New York Community visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.