Eastern Bankshares, Inc. (EBC) Beats Q1 Earnings and Revenue Estimates

Eastern Bankshares, Inc. (EBC) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15%. A quarter ago, it was expected that this company would post earnings of $0.21 per share when it actually produced earnings of $0.10, delivering a surprise of -52.38%.Over the last four quarters, the co ...