OceanFirst Financial Corp. (NASDAQ:OCFC) is expected to report second quarter earnings results, after market close, on Thursday 23rd July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.34 per share.
Looking ahead, the full year income are expected at $ 1.65 per share on the revenues of $ 326.98 million.
Previous Quarter Performance
OceanFirst Financial Corp. unveiled income for the first quarter of $ 0.45 per share, from the revenue of $ 79.64 million. The quarterly earnings lowered 11.76 percent compared with the same quarter last year. The consensus estimates are income of $ 0.40 per share from $ 75.83 million in revenue. The bottom line results beat street analysts by $ 0.05 or 12.50 percent, at the same time, top line results outshined analysts by $ 3.81 million or 5.02 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of OCFC was $ 16.24, representing a 40.00 % increase from the 52 week low of $ 11.60 and a 37.75 % decrease over the 52 week high of $ 26.09.
The company has a market capital of $ 983.79 million and is part of the Financial Services sector and Savings & Cooperative Banks industry.
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Recent Stock Dividend Announcement
On April 23, 2020, the board of directors authorized quarterly dividend of $ 0.17 per share to holders of record as of the close of business on May 4, 2020, with payment date of May 15, 2020 and ex-dividend date on May 1, 2020.
OceanFirst Financial Corp. operates as the holding company for OceanFirst Bank N.A. that provides a range of community banking services.
