Earnings Release: Here's Why Analysts Cut Their Blue Foundry Bancorp (NASDAQ:BLFY) Price Target To US$9.00 [Yahoo! Finance]
Blue Foundry Bancorp (BLFY)
Company Research
Source: Yahoo! Finance
Revenues and losses per share were both better than expected, with revenues of US$9.9m leading estimates by 7.6%. Statutory losses were smaller than the analystsexpected, coming in at US$0.13 per share. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. Check out our latest analysis for Blue Foundry Bancorp Taking into account the latest results, the current consensus, from the twin analysts covering Blue Foundry Bancorp, is for revenues of US$39.1m in 2024. This implies a small 7.2% reduction in Blue Foundry Bancorp's revenue over the past 12 months. Losses are forecast to balloon 96% to US$0.74 per share. Yet prior to the latest earnings, the analysts had been forecasting re
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BLFY
News
- SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Blue Foundry Bancorp (BLFY) and Encourages Long-Term Investors to Contact the FirmAccesswire
- Blue Foundry Bancorp (NASDAQ:BLFY) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Blue Foundry Bancorp (NASDAQ: BLFY) had its price target lowered by analysts at Keefe, Bruyette & Woods from $9.00 to $8.00. They now have a "market perform" rating on the stock.MarketBeat
- Blue Foundry Bancorp (BLFY) Reports Q1 Loss, Tops Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Blue Foundry Bancorp Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
BLFY
Earnings
- 4/24/24 - Beat
BLFY
Sec Filings
- 5/16/24 - Form 8-K
- 5/14/24 - Form 10-Q
- 4/24/24 - Form 8-K
- BLFY's page on the SEC website