Berkshire Hills Bancorp Inc (BHLB, Financial) is set to release its Q3 2024 earnings on Oct 24, 2024. The consensus estimate for Q3 2024 revenue is $90.48 million, and the earnings are expected to come in at $0.80 per share. The full year 2024's revenue is expected to be $359.03 million and the earnings are expected to be $1.44 per share. More detailed estimate data can be found on the Forecast page.
Berkshire Hills Bancorp Inc (BHLB, Financial) Estimates Trends
Over the past 90 days, revenue estimates for the full year 2024 have been revised slightly upwards from $358.99 million to $359.03 million. For 2025, the revenue estimates have seen a minor decrease from $377.05 million to $376.66 million. Earnings per share for 2024 have also been adjusted upward from $1.43 to $1.44, while the 2025 earnings estimates have been revised down from $2.39 per share to $2.37 per share.
Berkshire Hills Bancorp Inc (BHLB, Financial) Reported History
In the previous quarter of June 30, 2024, Berkshire Hills Bancorp Inc's (BHLB) actual revenue was $88.53 million, which missed analysts' revenue expectations of $90.498 million by -2.17%. Berkshire Hills Bancorp Inc's (BHLB) actual earnings were $0.57 per share, which beat analysts' earnings expectations of $0.514 per share by 10.89%. After releasing the results, Berkshire Hills Bancorp Inc (BHLB) was up by 0.63% in one day.
Berkshire Hills Bancorp Inc (BHLB, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 5 analysts, the average target price for Berkshire Hills Bancorp Inc (BHLB) is $28 with a high estimate of $31 and a low estimate of $26. The average target implies an upside of 2.41% from the current price of $27.34.
Based on GuruFocus estimates, the estimated GF Value for Berkshire Hills Bancorp Inc (BHLB, Financial) in one year is $28.29, suggesting an upside of 3.47% from the current price of $27.34.
Based on the consensus recommendation from 6 brokerage firms, Berkshire Hills Bancorp Inc's (BHLB, Financial) average brokerage recommendation is currently 2.8, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
