OceanFirst Financial: Q4 Earnings Insights

The Q4 earnings report for OceanFirst Financial OCFC was released on Thursday, January 23, 2025 at 04:15 PM.

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

OceanFirst Financial beat estimated earnings by 3.0%, reporting an EPS of $0.38 versus an estimate of $0.37.

Revenue was down $4.50 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 2.0% drop in the share price the next day.

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

Quarter	Q3 2024	Q2 2024	Q1 2024	Q4 2023
EPS Estimate	0.38	0.43	0.41	0.43
EPS Actual	0.39	0.39	0.44	0.45
Revenue Estimate	83.18M	85.46M	87.40M	90.36M
Revenue Actual	82.22M	82.26M	86.22M	87.82M

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.

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