OceanFirst Financial: Q4 Earnings Insights

OceanFirst Financial 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.

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.

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.