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Flagstar Financial (FLG) Expected to Beat Earnings Estimates: Should You Buy?

Company Overview - Flagstar Financial (FLG) is expected to report a quarterly loss of $0.26 per share, reflecting a year-over-year change of +65.3% [3] - Revenues are anticipated to be $522.36 million, down 17.5% from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for April 25, 2025, and could influence stock movement based on whether the results exceed or fall short of expectations [2] - The consensus EPS estimate has been revised 5.88% higher in the last 30 days, indicating a more optimistic outlook from analysts [4] Earnings Surprise Prediction - The Most Accurate Estimate for Flagstar Financial is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +9.96% [10][11] - The company currently holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [11] Historical Performance - In the last reported quarter, Flagstar Financial was expected to post a loss of $0.50 per share but actually reported a loss of $0.34, achieving a surprise of +32% [12] - Over the past four quarters, the company has only beaten consensus EPS estimates once [13] Industry Context - Atlantic Union (AUB), a peer in the Zacks Banks - Northeast industry, is expected to report earnings per share of $0.69 for the same quarter, with a year-over-year change of +6.2% [17] - Atlantic Union's revenues are projected to be $220.7 million, up 24.6% from the previous year [17] - The consensus EPS estimate for Atlantic Union has been revised down by 1.8% in the last 30 days, and it currently has an Earnings ESP of 0.00% with a Zacks Rank of 4 [18]