Blue Foundry Bancorp (BLFY) Reports Q2 Loss, Tops Revenue Estimates

This quarterly report represents an earnings surprise of 42.11%. A quarter ago, it was expected that this company would post a loss of $0.20 per share when it actually produced a loss of $0.13, delivering a surprise of 35%. Blue Foundry Bancorp, which belongs to the Zacks Banks - Northeast industry, posted revenues of $10.11 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 4.54%. This compares to year-ago revenues of $11.29 million. The company has topped consensus revenue ...