Curious about OceanFirst (OCFC) Q4 Performance? Explore Wall Street Estimates for Key Metrics

Core Viewpoint - OceanFirst Financial (OCFC) is expected to report quarterly earnings of $0.39 per share, reflecting a year-over-year increase of 2.6%, with revenues projected at $102.7 million, a 7.5% increase compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating stability in analysts' projections [2]. - Revisions to earnings projections are crucial for predicting investor behavior, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price performance [3]. Key Financial Metrics - Analysts forecast the 'Efficiency Ratio' to reach 68.9%, up from 67.9% a year ago [4]. - The consensus for 'Total Non-Interest Income' is estimated at $8.85 million, down from $12.23 million year-over-year [5]. - 'Net Interest Income' is expected to be $94.35 million, compared to $83.33 million in the same quarter last year [5]. Stock Performance - OceanFirst shares have decreased by 9.2% over the past month, contrasting with the Zacks S&P 500 composite's decline of 0.4%, and the company holds a Zacks Rank 4 (Sell), indicating expected underperformance relative to the market [5].