New York Community Bancorp, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year [Yahoo! Finance News]
New York Community Bancorp, Inc. (NYCB)
Last new york community bancorp, inc. earnings: 4/29 07:00 am
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Source: Yahoo! Finance News
It's been a pretty great week forNew York Community Bancorp, Inc.NYSE:NYCBView our latest analysis for New York Community BancorpNYSE:NYCB Past and Future Earnings May 1st 2020Following the latest results, New York Community Bancorp's 14 analysts are now forecasting revenues of US$1.14b in 2020. This would be a solid 13% improvement in sales compared to the last 12 months. Per-share earnings are expected to expand 12% to US$0.86. Before this earnings report, the analysts had been forecasting revenues of US$1.13b and earnings per share EPS) of US$0.83 in 2020. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.The consensus price target was unchanged at US$11.63, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a r
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