HomeStreet (HMST) Reports Q3 Loss, Lags Revenue Estimates

HomeStreet (HMST) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of$ 0.20. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -60%. A quarter ago, it was expected that this real estate lender would post a loss of$ 0.24 per share when it actually produced a loss of $0.23, delivering a surprise of 4.17%. Over the last four quarters, the company has ...