Benzinga | Jan 27, 2022 04:56PM EST

OceanFirst Financial: Q4 Earnings Insights

OceanFirst Financial (NASDAQ:OCFC) reported its Q4 earnings results on Thursday, January 27, 2022 at 04:15 PM.

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

Earnings

OceanFirst Financial beat estimated earnings by 9.09%, reporting an EPS of $0.48 versus an estimate of $0.44, which did not surprise analysts.

Revenue was up $2.73 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05, which was followed by a 0.94% drop in the share price the next day.

Here's a look at OceanFirst Financial's past performance:



Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 0.40 0.43 0.40 0.38EPS Actual 0.45 0.49 0.44 0.39Revenue Estimate 75.67M 77.60M 78.81M 75.41MRevenue Actual 77.13M 74.02M 73.60M 77.85M

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