HomeStreet (HMST) Reports Q2 Loss, Misses Revenue Estimates

This quarterly report represents an earnings surprise of 4.17%. A quarter ago, it was expected that this real estate lender would post a loss of $0.06 per share when it actually produced a loss of $0.29, delivering a surprise of -383.33%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. It will be interesting to see how estimates for the coming quarters and cu ...