OceanFirst Financial: Q2 Earnings Insights

OceanFirst Financial OCFC reported its Q2 earnings results on Thursday, July 28, 2022 at 04:30 PM.

Here's what investors need to know about the announcement.

OceanFirst Financial beat estimated earnings by 7.27%, reporting an EPS of $0.59 versus an estimate of $0.55.

Revenue was up $16.78 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 1.02% increase in the share price the next day.

Here's a look at OceanFirst Financial's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.46	0.44	0.40	0.43
EPS Actual	0.49	0.48	0.45	0.49
Revenue Estimate	83.35M	81.24M	75.67M	77.60M
Revenue Actual	84.23M	80.59M	77.13M	74.02M

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.

Earnings Calendar