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Columbia Financial (CLBK) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
CLBKumbia Financial(CLBK) ZACKS·2024-07-31 15:30

For the quarter ended June 2024, Columbia Financial (CLBK) reported revenue of 53.26million,up5.253.26 million, up 5.2% over the same period last year. EPS came in at 0.05, compared to 0.12intheyear−agoquarter.Asthesemetricsinfluencetop−andbottom−lineperformance,comparingthemtotheyear−agonumbersandwhatanalystsestimatedhelpsinvestorsprojectastock′spriceperformancemoreaccurately.Thereportedrevenuerepresentsasurpriseof+2.820.12 in the year-ago quarter. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. The reported revenue represents a surprise of +2.82% over the Zacks Consensus Estimate of 51.8 million. With the c ...