Eastern Bankshares Earnings Analysis: Q4 Recap

Eastern Bankshares EBC released its Q4 earnings on Thursday, January 23, 2025 at 04:17 PM.

Here's what's important from the earnings announcement.

Eastern Bankshares beat estimated earnings by 17.0%, reporting an EPS of $0.34 versus an estimate of $0.29.

Revenue was up $56.50 million from the same period last year.

Last quarter the company missed on EPS by $0.08 which was followed by a 5.0% drop in the share price the next day.

Here's a look at Eastern Bankshares's past performance:

Quarter	Q3 2024	Q2 2024	Q1 2024	Q4 2023
EPS Estimate	0.33	0.21	0.20	0.2
EPS Actual	0.25	0.22	0.23	0.1
Revenue Estimate	182.28M	133.13M	134.92M	129.71M
Revenue Actual	203.38M	154.00M	157.59M	160.05M

To track all earnings releases for Eastern Bankshares visit their earnings calendar here.

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

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