Blue Foundry Q2 2024 GAAP EPS $(0.11) Beats $(0.21) Estimate, Sales $10.109M Beat $9.441M Estimate

7/24/24 8:24:29 AM ET

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Blue Foundry (NASDAQ:BLFY) reported quarterly losses of $(0.11) per share which beat the analyst consensus estimate of $(0.21) by 47.62 percent. This is a 37.5 percent decrease over losses of $(0.08) per share from the same period last year. The company reported quarterly sales of $10.109 million which beat the analyst consensus estimate of $9.441 million by 7.08 percent. This is a 10.43 percent decrease over sales of $11.286 million the same period last year.

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Recent Analyst Ratings for
$BLFY

Date	Price Target	Rating	Analyst
5/17/2023	$9.50	Neutral	Piper Sandler
1/25/2023		Buy → Neutral	Compass Point
8/30/2022	$13.25	Mkt Perform	Keefe Bruyette

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$BLFY
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Blue Foundry Bancorp Reports Third Quarter 2024 Results
RUTHERFORD, N.J., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ:BLFY) (the "Company"), the holding company for Blue Foundry Bank (the "Bank"), today reported a net loss of $4.0 million, or $0.19 per diluted common share, for the three months ended September 30, 2024, compared to net loss of $2.3 million, or $0.11 per diluted common share, for the three months ended June 30, 2024, and a net loss of $1.4 million, or $0.06 per diluted common share, for the three months ended September 30, 2023. James D. Nesci, President and Chief Executive Officer, commented, "The Company continues to maintain its strong capital position and access to liquidity. We executed on our share repu
10/23/24 8:15:00 AM ET
$BLFY
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Blue Foundry Bancorp Schedules Third Quarter 2024 Earnings Conference Call
RUTHERFORD, N.J., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ:BLFY) (the "Company"), the holding company for Blue Foundry Bank, announced that on the morning of Wednesday, October 23, 2024 it will release financial results for the quarter ended September 30, 2024. A copy of the earnings release will be available on the Company's website, https://ir.bluefoundrybank.com/, in the "News" section and on the SEC's website, https://www.sec.gov/. Representatives of the Company will hold a conference call for investors and analysts on Wednesday, October 23, 2024 at 11:00AM (ET) to discuss the Third Quarter 2024 Earnings. Blue Foundry Bancorp will address live questions from anal
10/9/24 8:15:00 AM ET
$BLFY
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Blue Foundry Bancorp Reports Second Quarter 2024 Results
RUTHERFORD, N.J., July 24, 2024 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ:BLFY) (the "Company"), the holding company for Blue Foundry Bank (the "Bank"), today reported a net loss of $2.3 million, or $0.11 per diluted common share, for the three months ended June 30, 2024, compared to net loss of $2.8 million, or $0.13 per diluted common share, for the three months ended March 31, 2024, and a net loss of $1.8 million, or $0.08 per diluted common share, for the three months ended June 30, 2023. James D. Nesci, President and Chief Executive Officer, commented, "Deposit growth continued in the second quarter despite the highly competitive environment in our market area. We remain focus
7/24/24 8:15:00 AM ET
$BLFY
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Blue Foundry Bancorp Reports Third Quarter 2024 Results
RUTHERFORD, N.J., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ:BLFY) (the "Company"), the holding company for Blue Foundry Bank (the "Bank"), today reported a net loss of $4.0 million, or $0.19 per diluted common share, for the three months ended September 30, 2024, compared to net loss of $2.3 million, or $0.11 per diluted common share, for the three months ended June 30, 2024, and a net loss of $1.4 million, or $0.06 per diluted common share, for the three months ended September 30, 2023. James D. Nesci, President and Chief Executive Officer, commented, "The Company continues to maintain its strong capital position and access to liquidity. We executed on our share repu
10/23/24 8:15:00 AM ET
$BLFY
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Blue Foundry Bancorp Schedules Third Quarter 2024 Earnings Conference Call
RUTHERFORD, N.J., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ:BLFY) (the "Company"), the holding company for Blue Foundry Bank, announced that on the morning of Wednesday, October 23, 2024 it will release financial results for the quarter ended September 30, 2024. A copy of the earnings release will be available on the Company's website, https://ir.bluefoundrybank.com/, in the "News" section and on the SEC's website, https://www.sec.gov/. Representatives of the Company will hold a conference call for investors and analysts on Wednesday, October 23, 2024 at 11:00AM (ET) to discuss the Third Quarter 2024 Earnings. Blue Foundry Bancorp will address live questions from anal
10/9/24 8:15:00 AM ET
$BLFY
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Blue Foundry Bancorp Reports Second Quarter 2024 Results
RUTHERFORD, N.J., July 24, 2024 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ:BLFY) (the "Company"), the holding company for Blue Foundry Bank (the "Bank"), today reported a net loss of $2.3 million, or $0.11 per diluted common share, for the three months ended June 30, 2024, compared to net loss of $2.8 million, or $0.13 per diluted common share, for the three months ended March 31, 2024, and a net loss of $1.8 million, or $0.08 per diluted common share, for the three months ended June 30, 2023. James D. Nesci, President and Chief Executive Officer, commented, "Deposit growth continued in the second quarter despite the highly competitive environment in our market area. We remain focus
7/24/24 8:15:00 AM ET
$BLFY
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Blue Foundry Q2 2024 GAAP EPS $(0.11) Beats $(0.21) Estimate, Sales $10.109M Beat $9.441M Estimate

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Recent Analyst Ratings for $BLFY

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Piper Sandler initiated coverage on Blue Foundry Bancorp with a new price target

Blue Foundry Bancorp downgraded by Compass Point

Keefe Bruyette initiated coverage on Blue Foundry Bancorp with a new price target

$BLFY Leadership Updates

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Seasoned Leader Brings Decades of Legal, Administrative and Corporate Expertise to the Board

Blue Foundry Bancorp Names Elizabeth Varki Jobes, Esq. to Board of Directors

$BLFY Press Releases

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Blue Foundry Bancorp Reports Third Quarter 2024 Results

Blue Foundry Bancorp Schedules Third Quarter 2024 Earnings Conference Call

Blue Foundry Bancorp Reports Second Quarter 2024 Results

$BLFY Insider Purchases

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Chief Risk Officer Owes Keith was granted 10,000 shares and bought $11,020 worth of shares (1,000 units at $11.02) (SEC Form 4)

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Keefe, Bruyette & Woods Maintains Market Perform on Blue Foundry, Raises Price Target to $9.25