Benzinga | Oct 21, 2021 12:12PM EDT

Berkshire Hills Bancorp: Q3 Earnings Insights



Berkshire Hills Bancorp (NYSE:BHLB) reported its Q3 earnings results on Thursday, October 21, 2021 at 08:00 AM.

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

Earnings

Berkshire Hills Bancorp missed their estimated earnings by 52.68%, which surprised analysts.

Revenue was up $5,687,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.15, which was followed by a 4.31% drop in the share price the next day.

Here's a look at Berkshire Hills Bancorp's past performance and the resulting price change:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.29 0.22 0.16 EPS Actual 0.44 0.32 0.28 0.53Revenue Estimate 73.45M 75.30M 74.59M 79.55MRevenue Actual 75.39M 75.09M 75.71M 77.06M

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