Will Dime Community (DCOM) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Dime Community (DCOM) has a strong track record of beating earnings estimates, particularly in the last two quarters with an average surprise of 2.61% [1][2] - The most recent earnings report showed earnings of $0.64 per share, exceeding the Zacks Consensus Estimate of $0.63 per share, resulting in a surprise of 1.59% [2] - The previous quarter also saw a positive surprise, with actual earnings of $0.57 per share against an expected $0.55 per share, delivering a surprise of 3.64% [2] Earnings Estimates and Predictions - Earnings estimates for Dime Community have been trending higher, supported by its history of earnings surprises [5] - The stock currently has a positive Zacks Earnings ESP of +0.50%, indicating bullish sentiment among analysts regarding its near-term earnings potential [8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a strong possibility of another earnings beat in the upcoming report [8] Earnings ESP and Market Behavior - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7] - It is crucial for investors to check a company's Earnings ESP before quarterly releases to enhance the likelihood of successful investment decisions [10]