Brookline Bancorp (BRKL) Q4 Earnings and Revenues Lag Estimates

Core Viewpoint - Brookline Bancorp reported quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of$0.24 per share, and showing a decline from $0.26 per share a year ago, indicating an earnings surprise of -4.17$91.58 million for the quarter ended December 2024, which was 0.72% below the Zacks Consensus Estimate, and remained unchanged compared to the previous year [2] - Over the last four quarters, Brookline has surpassed consensus EPS estimates two times and topped consensus revenue estimates only once [2] Stock Performance - Brookline shares have increased by approximately 2.4% since the beginning of the year, while the S&P 500 has gained 3.2% [3] - The stock's immediate price movement will largely depend on management's commentary during the earnings call [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.24 on revenues of$94.7 million, and for the current fiscal year, it is $1.09 on revenues of$397.38 million [7] - The estimate revisions trend for Brookline is currently favorable, resulting in a Zacks Rank 2 (Buy) for the stock, suggesting it is expected to outperform the market in the near future [6] Industry Context - The Financial - Savings and Loan industry, to which Brookline belongs, is currently ranked in the top 12% of over 250 Zacks industries, indicating a positive outlook for stocks within this sector [8]