HomeStreet (HMST) Reports Q4 Loss, Misses Revenue Estimates

Core Viewpoint - HomeStreet (HMST) reported a quarterly loss of $0.27 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.21, and a decline from a loss of $0.12 per share a year ago [1][2] Financial Performance - The company posted revenues of $40.31 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 2.36% and down from $45.95 million year-over-year [2] - Over the last four quarters, HomeStreet has surpassed consensus EPS estimates only once [2] Stock Performance - HomeStreet shares have declined approximately 11% since the beginning of the year, while the S&P 500 has gained 3.7% [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.01 for the coming quarter and $0.38 for the current fiscal year, alongside revenues of $46.79 million and $194.7 million respectively [7] - The estimate revisions trend for HomeStreet is currently favorable, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Financial - Savings and Loan industry, to which HomeStreet belongs, is currently in the top 11% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]