Berkshire Hills Bancorp: Q1 Earnings Insights

Berkshire Hills Bancorp BHLB reported its Q1 earnings results on Thursday, April 20, 2023 at 07:30 AM.

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

Berkshire Hills Bancorp missed estimated earnings by 3.08%, reporting an EPS of $0.63 versus an estimate of $0.65.

Revenue was up $28.47 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 2.48% drop in the share price the next day.

Here's a look at Berkshire Hills Bancorp's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.63	0.59	0.47	0.40
EPS Actual	0.64	0.62	0.51	0.43
Revenue Estimate	97.44M	85.90M	74.07M	70.56M
Revenue Actual	102.09M	92.08M	81.36M	69.06M

To track all earnings releases for Berkshire Hills Bancorp visit their earnings calendar here.

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

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