Hanover Bancorp Inc (MINEOLA) reports results for the quarter ended December 31 - Earnings Summary

• Hanover Bancorp Inc (MINEOLA) HNVR.OQ reported quarterly adjusted earnings of 52 cents​​ per share for the quarter ended December 31. The mean expectation of two analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from 47 cents to 49 cents per share.

• Revenue was $13.81 million​; analysts expected $13.70 million.

• Hanover Bancorp Inc (MINEOLA)'s reported EPS for the quarter was 52 cents​.

• The company reported quarterly net income of $3.9 million.

• Hanover Bancorp Inc (MINEOLA) shares had risen by 14.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the banks peer group is "hold."

Wall Street's median 12-month price target for Hanover Bancorp Inc (MINEOLA) is $27.00

This summary was machine generated from LSEG data January 29 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)