Brookline Bancorp Inc reports results for the quarter ended December 31 - Earnings Summary

• Brookline Bancorp Inc BRKL.OQ reported quarterly adjusted earnings of 20 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 26 cents. The mean expectation of four analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from 24 cents to 25 cents per share.

• Revenue rose 1.7% to $84.99 million from a year ago; analysts expected $85.89 million.

• Brookline Bancorp Inc's reported EPS for the quarter was 20 cents​.

• The company reported quarterly net income of $17.54 million.

• Brookline Bancorp Inc shares had risen by 2.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Brookline Bancorp Inc is $14.75

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)