What to Expect from Dime Community Bancshares's Earnings

Dime Community Bancshares DCOM is gearing up to announce its quarterly earnings on Tuesday, 2024-10-22. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Dime Community Bancshares will report an earnings per share (EPS) of $0.40.

Anticipation surrounds Dime Community Bancshares'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.

Past Earnings Performance

The company's EPS missed by $0.01 in the last quarter, leading to a 3.19% drop in the share price on the following day.

Here's a look at Dime Community Bancshares's past performance and the resulting price change:

Tracking Dime Community Bancshares's Stock Performance

Shares of Dime Community Bancshares were trading at $30.66 as of October 18. Over the last 52-week period, shares are up 64.16%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Dime Community Bancshares visit their earnings calendar on our site.

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