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Recap: HomeStreet Q4 Earnings

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Recap: HomeStreet Q4 Earnings

HomeStreet (NASDAQ:HMST) reported its Q4 earnings results on Monday, January 29, 2024 at 04:01 PM.

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

Earnings

HomeStreet missed estimated earnings by 700.0%, reporting an EPS of $-0.12 versus an estimate of $0.02.

Revenue was down $19.42 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 5.69% increase in the share price the next day.

Here's a look at HomeStreet's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.05 0.19 0.40 0.75
EPS Actual 0.12 0.17 0.27 0.45
Revenue Estimate 52.92M 56.63M 63.24M 69.43M
Revenue Actual 49.38M 53.79M 59.57M 65.36M

To track all earnings releases for HomeStreet visit their earnings calendar here.

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

 

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Posted-In: BZI-RecapsEarnings