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Stock impact report

Valley National Bancorp (NASDAQ:VLY) Released Earnings Last Week And Analysts Lifted Their Price Target To US$10.30 [Yahoo! Finance]

Valley National Bancorp (VLY) 
Last valley national bancorp earnings: 4/30 08:00 am Check Earnings Report
US:NYSE Investor Relations: valleynationalbank.com
Company Research Source: Yahoo! Finance
It was a credible result overall, with revenues of US$471m and statutory earnings per share of US$0.18 both in line with analyst estimates, showing that Valley National Bancorp is executing in line with expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. Check out our latest analysis for Valley National Bancorp Following the latest results, Valley National Bancorp's ten analysts are now forecasting revenues of US$1.98b in 2025. This would be a major 25% improvement in revenue compared to the last 12 months. Per-share earnings are expected to bounce 51% to US$0.94. Before this earnings report, the analysts had been forecasting revenues of US$2.00b and earnings per share (EPS) of US$0.95 in 2025. Th Show less Read more
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