Insights Into HomeStreet (HMST) Q4: Wall Street Projections for Key Metrics

Core Viewpoint - HomeStreet (HMST) is expected to report a quarterly loss of $0.21 per share, reflecting a year-over-year decline of 75%, with anticipated revenues of $41.29 million, down 10.2% from the previous year [1] Earnings Projections - The consensus EPS estimate for the quarter has been revised upward by 105.7% in the past 30 days, indicating a reassessment by analysts [2] - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3] Key Metrics Analysis - Analysts predict the 'Efficiency Ratio' will reach 111.5%, up from 105.9% in the same quarter last year [5] - The 'Average Balance - Total interest earning assets' is expected to be $8.61 billion, down from $8.92 billion in the same quarter last year [5] - The consensus estimate for 'Total noninterest income' is $11.48 million, compared to $10.96 million in the same quarter last year [6] - 'Net Interest Income' is projected to be $30.14 million, down from $34.99 million year-over-year [6] - 'Loan servicing income' is expected to be $3.00 million, compared to $3.26 million in the same quarter last year [6] - 'Other' income is projected to reach $3.04 million, down from $3.26 million in the same quarter last year [7] Stock Performance - HomeStreet shares have changed by +1.3% in the past month, compared to a +2.1% move of the Zacks S&P 500 composite [7] - With a Zacks Rank 2 (Buy), HMST is expected to outperform the overall market in the near future [7]