OceanFirst Financial (OCFC) Lags Q2 Earnings and Revenue Estimates
OceanFirst Financial (OCFC) ZACKS·2024-07-19 06:25
This quarterly report represents an earnings surprise of -7.14%. A quarter ago, it was expected that this holding company for OceanFirst Bank would post earnings of $0.42 per share when it actually produced earnings of $0.44, delivering a surprise of 4.76%. 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. While OceanFirst has underperformed the market so far t ...