Northfield Bancorp (NFBK) Q4 Earnings and Revenues Top Estimates

Core Insights - Northfield Bancorp (NFBK) reported quarterly earnings of $0.21 per share, exceeding the Zacks Consensus Estimate of $0.19 per share, and showing an increase from $0.19 per share a year ago, resulting in an earnings surprise of 10.53% [1] - The company posted revenues of $36.69 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 13.24% and increasing from $32.55 million year-over-year [2] - Northfield has surpassed consensus EPS estimates two times over the last four quarters and topped consensus revenue estimates three times in the same period [2] Earnings Outlook - The sustainability of Northfield's stock price movement will depend on management's commentary during the earnings call and future earnings expectations [3] - The current consensus EPS estimate for the upcoming quarter is $0.19 on revenues of $32.51 million, while for the current fiscal year, it is $0.95 on revenues of $135.93 million [7] Industry Context - The Financial - Savings and Loan industry, to which Northfield belongs, is currently ranked in the top 12% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Northfield's stock performance [5]