Dime Community (DCOM) Surpasses Q2 Earnings And Revenue Estimates
Dime Community (NASDAQ: DCOM ) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.94 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 18.82%. A quarter ago, it was expected that this bank holding company would post earnings of $0.85 per share when it actually produced earnings of $0.82, delivering a surprise of -3.53%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Dime Community, which belongs to the Zacks Banks - Southeast industry, posted revenues of $105.64 million for the quarter ended June 2022, surpassing the Zacks Consensus Estimate by 6.92%. This compares to year-ago revenues of $122.8 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock''s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management''s commentary on the earnings call.
Dime Community (DCOM) Surpasses Q2 Earnings And Revenue Estimates
Dime Community (NASDAQ: DCOM ) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.94 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 18.82%. A quarter ago, it was expected that this bank holding company would post earnings of $0.85 per share when it actually produced earnings of $0.82, delivering a surprise of -3.53%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Dime Community, which belongs to the Zacks Banks - Southeast industry, posted revenues of $105.64 million for the quarter ended June 2022, surpassing the Zacks Consensus Estimate by 6.92%. This compares to year-ago revenues of $122.8 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock''s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management''s commentary on the earnings call.