The Q4 earnings report for OceanFirst Financial OCFC was released on Thursday, January 23, 2025 at 04:15 PM.

Here's what investors need to know about the latest announcement.

Earnings

OceanFirst Financial beat estimated earnings by 3.0%, reporting an EPS of $0.38 versus an estimate of $0.37.

Revenue was down $4.50 million from the same period last year.

Historical Earnings Summary

Last quarter the company beat on EPS by $0.01 which was followed by a 2.0% drop in the share price the next day.

Here's a look at OceanFirst Financial's past performance:

Quarter Q3 2024 Q2 2024 Q1 2024 Q4 2023 EPS Estimate 0.38 0.43 0.41 0.43 EPS Actual 0.39 0.39 0.44 0.45 Revenue Estimate 83.18M 85.46M 87.40M 90.36M Revenue Actual 82.22M 82.26M 86.22M 87.82M

To track all earnings releases for OceanFirst Financial visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

OCFCOceanFirst Financial Corp$19.150.79%Overview Rating:Good62.5%Technicals Analysis660100Financials Analysis600100WatchlistOverviewMarket News and Data brought to you by Benzinga APIs