HomeStreet (NASDAQ:HMST) reported its Q4 earnings results on Monday, January 29, 2024 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
HomeStreet missed estimated earnings by 700.0%, reporting an EPS of $-0.12 versus an estimate of $0.02.
Revenue was down $19.42 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 5.69% increase in the share price the next day.
Here's a look at HomeStreet's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.05 | 0.19 | 0.40 | 0.75 |
| EPS Actual | 0.12 | 0.17 | 0.27 | 0.45 |
| Revenue Estimate | 52.92M | 56.63M | 63.24M | 69.43M |
| Revenue Actual | 49.38M | 53.79M | 59.57M | 65.36M |
To track all earnings releases for HomeStreet visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.