Eastern Bankshares (EBC) Earnings Date, Estimates & Call Transcripts

$13.58
+0.17 (+1.27%)
(As of 05/3/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Jul. 25Estimated
Actual EPS
(Apr. 26)
$0.23 Beat By $0.03
Consensus EPS
(Apr. 26)
$0.20
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EBC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

EBC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Eastern Bankshares Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20242$0.21$0.36$0.29
Q2 20242$0.19$0.22$0.21
Q3 20242$0.35$0.36$0.36
Q4 20242$0.36$0.39$0.38
FY 20248$1.11$1.33$1.22
Q1 20251$0.36$0.36$0.36
Q2 20251$0.38$0.38$0.38
Q3 20252$0.37$0.39$0.38
Q4 20252$0.38$0.40$0.39
FY 20256$1.49$1.53$1.51

EBC Earnings Date and Information

Eastern Bankshares last released its quarterly earnings results on April 26th, 2024. The reported $0.23 EPS for the quarter, topping the consensus estimate of $0.20 by $0.03. The business had revenue of $230.30 million for the quarter, compared to analyst estimates of $157.52 million. Eastern Bankshares has generated $2.85 earnings per share over the last year ($2.85 diluted earnings per share) and currently has a price-to-earnings ratio of 4.8. Earnings for Eastern Bankshares are expected to grow by 31.86% in the coming year, from $1.13 to $1.49 per share. Eastern Bankshares has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 25th, 2024 based off prior year's report dates.

Eastern Bankshares Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/25/2024
Estimated)
------- 
4/26/2024Q1 2024$0.20$0.23+$0.03$0.22$157.52 million$230.30 million    
1/25/2024Q4 2023$0.21$0.10($0.11)($1.75)$153.53 million$160.05 million
10/26/2023Q3 2023$0.29$0.32+$0.03$0.28$174.56 million$156.36 million
7/27/2023Q2 2023$0.30$0.28($0.02)$0.26$181.17 million$195.42 million
4/27/2023Q1 2023$0.32$0.38+$0.06$1.96$191.06 million($140.02) million
1/26/2023Q4 2022$0.36$0.31($0.05)$0.36$203.44 million$194.51 million
10/27/2022Q3 2022$0.37$0.34($0.03)$0.35$195.48 million$195.53 million
7/28/2022Q2 2022$0.29$0.32+$0.03$0.33$178.12 million$179.63 million    
4/28/2022Q1 2022$0.27$0.32+$0.05$0.34$177.93 million$174.54 million    
1/27/2022Q4 2021-$0.26+$0.26$0.32-$171.44 million    
10/27/2021Q3 2021$0.21$0.22+$0.01$0.22$150.95 million$145.90 million    
7/28/2021Q2 2021$0.21$0.22+$0.01$0.24$148.73 million$150.34 million    

Eastern Bankshares Earnings - Frequently Asked Questions

When is Eastern Bankshares's earnings date?

Eastern Bankshares has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 25th, 2024 based off last year's report dates. Learn more on EBC's earnings history.

Did Eastern Bankshares beat their earnings estimates last quarter?

In the previous quarter, Eastern Bankshares (NASDAQ:EBC) reported $0.23 earnings per share (EPS) to beat the analysts' consensus estimate of $0.20 by $0.03. Learn more on analysts' earnings estimate vs. EBC's actual earnings.

How can I listen to Eastern Bankshares's earnings conference call?

The conference call for Eastern Bankshares's latest earnings report can be listened to online. Listen to Conference Call

How can I read Eastern Bankshares's conference call transcript?

The conference call transcript for Eastern Bankshares's latest earnings report can be read online. Read Transcript

How much revenue does Eastern Bankshares generate each year?

Eastern Bankshares (NASDAQ:EBC) has a recorded annual revenue of $558.71 million.

How much profit does Eastern Bankshares generate each year?

Eastern Bankshares (NASDAQ:EBC) has a recorded net income of $232.18 million. EBC has generated $2.85 earnings per share over the last four quarters.

What is Eastern Bankshares's price-to-earnings ratio?

Eastern Bankshares (NASDAQ:EBC) has a trailing price-to-earnings ratio of 4.76 and a forward price-to-earnings ratio of 12.02.

What is Eastern Bankshares's EPS forecast for next year?

Eastern Bankshares's earnings are expected to grow from $1.13 per share to $1.49 per share in the next year, which is a 31.86% increase.


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This page (NASDAQ:EBC) was last updated on 5/4/2024 by MarketBeat.com Staff

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