OceanFirst Financial OCFC is gearing up to announce its quarterly earnings on Thursday, 2025-04-24. Here's a quick overview of what investors should know before the release.
Analysts are estimating that OceanFirst Financial will report an earnings per share (EPS) of $0.35.
The market awaits OceanFirst Financial's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Earnings History Snapshot
In the previous earnings release, the company beat EPS by $0.01, leading to a 1.78% drop in the share price the following trading session.
Here's a look at OceanFirst Financial's past performance and the resulting price change:
Quarter | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
---|---|---|---|---|
EPS Estimate | 0.37 | 0.38 | 0.43 | 0.41 |
EPS Actual | 0.38 | 0.39 | 0.39 | 0.44 |
Price Change % | -2.0% | -2.0% | -5.0% | 4.0% |
Market Performance of OceanFirst Financial's Stock
Shares of OceanFirst Financial were trading at $16.22 as of April 22. Over the last 52-week period, shares are up 7.42%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for OceanFirst Financial visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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