Flagstar Financial (FLG) Reports Q2 Loss, Misses Revenue Estimates

Flagstar Financial (FLG) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to a loss of $1.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16.67%. A quarter ago, it was expected that this bank holding company would post a loss of $0.26 per share when it actually produced a loss of $0.23, delivering a surprise of +11.54%.Over the last four quarters, the c ...