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Eastern Bankshares (EBC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
EBCEastern Bankshares(EBC) Zacks Investment Research·2024-04-26 00:36

Eastern Bankshares, Inc. (EBC) reported 157.59millioninrevenueforthequarterendedMarch2024,representingayearoveryeardeclineof212.6157.59 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 212.6%. EPS of 0.23 for the same period compares to 0.38ayearago.Thereportedrevenuerepresentsasurpriseof+0.050.38 a year ago.The reported revenue represents a surprise of +0.05% over the Zacks Consensus Estimate of 157.52 million. With the consensus EPS estimate being $0.20, the EPS surprise was +15.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compar ...