New York Community Bancorp Inc expected to post a loss of 40 cents a share - Earnings Preview

Reuters
2024-10-23

* New York Community Bancorp Inc is expected to show a fall in quarterly revenue when it reports results on October 25 for the period ending September 30 2024

* The Hicksville New York-based company is expected to report a 41.9% decrease in revenue to $512.805 million from $882 million a year ago, according to the mean estimate from 11 analysts, based on LSEG data. (SAL represents NII)

* ​LSEG's mean analyst estimate for New York Community Bancorp Inc is for a loss of 40 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 13 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for New York Community Bancorp Inc is $12.50​, above​ its last closing price of $11.78. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 -0.45 -0.42 -1.05 Missed -150.7

Mar. 31 2024 -0.56 -0.45 -0.75 Missed -66.1

Dec. 31 2023 0.84 0.85 -0.81 Missed -195​

Sep. 30 2023 1.02 1.04 1.08 Beat 3.8

​​Jun. 0.94 0.94 1.41 Beat 49.3

30 2023

Mar. 31 2023 0.44 0.68 0.69 Beat 1.7​

Jan. 1 0001 0.78 0.95 0.75 Missed -5.2

Sep. 30 2022 0.94 0.95 0.93 Missed -2.5

This summary was machine generated October 23 at 13:22 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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