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Stock impact report

Seeking Clues to OceanFirst (OCFC) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics [Yahoo! Finance]

OceanFirst Financial Corp. (OCFC) 
Last oceanfirst financial corp. earnings: 4/23 08:40 pm Check Earnings Report
US:NASDAQ Investor Relations: oceanfirstonline.com/home/home
Company Research Source: Yahoo! Finance
Wall Street analysts expect OceanFirst Financial (OCFC) to post quarterly earnings of $0.38 per share in its upcoming report, which indicates a year-over-year increase of 18.8%. Revenues are expected to be $92.79 million, down 8.8% from the year-ago quarter. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock. While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, d Show less Read more
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