Northfield Bancorp Inc reports results for the quarter ended June 30 - Earnings Summary

• Northfield Bancorp Inc NFBK.OQ reported quarterly adjusted earnings of 24 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of two analysts for the quarter was for earnings of 22 cents per share. Wall Street expected results to range from 22 cents to 23 cents per share.

• Revenue rose 19.9% to $34.40 million from a year ago; analysts expected $33.10 million.

• Northfield Bancorp Inc's reported EPS for the quarter was 24 cents​.

• The company reported quarterly net income of $9.57 million.

• Northfield Bancorp Inc shares had fallen by 1.4% this quarter and lost 2.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 18.8% 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."

• Wall Street's median 12-month price target for Northfield Bancorp Inc is $12.00, about 5.3% above its last closing price of $11.36

This summary was machine generated from LSEG data July 23 at 10:55 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)