OceanFirst Financial (OCFC) reports earnings tomorrow: what to expect
Regional bank OceanFirst Financial (NASDAQ:OCFC) will be reporting results this Tuesday after market close. Here’s what to look for.
OceanFirst Financial missed analysts’ revenue expectations last quarter, reporting revenues of $131.7 million, up 33.2% year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ net interest income and tangible book value per share estimates.
Is OceanFirst Financial a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting OceanFirst Financial’s revenue to grow 73.4% year on year, improving from the 9.5% increase it recorded in the same quarter last year.
Analysts covering the company have generally reconfirmed…
