OceanFirst Financial (OCFC) Surpasses Q4 Earnings and Revenue Estimates

OceanFirst Financial (OCFC) came out with quarterly earnings of 0.41pershare,beatingtheZacksConsensusEstimateof0.41 per share, beating the Zacks Consensus Estimate of 0.39 per share. This compares to earnings of 0.38pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+6.030.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +6.03%. A quarter ago, it was expected that this holding company for OceanFirst Bank would post earnings of 0.34 per share when it actually produced earnings of $0.36, delivering a surprise of +5.88%.Over the ...