Blue Foundry Bancorp (BLFY) Projected to Post Earnings on Wednesday

Blue Foundry Bancorp (NASDAQ:BLFYGet Free Report) is expected to announce its earnings results before the market opens on Wednesday, January 22nd. Analysts expect the company to announce earnings of ($0.17) per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Blue Foundry Bancorp (NASDAQ:BLFYGet Free Report) last issued its earnings results on Wednesday, October 23rd. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.17) by ($0.02). Blue Foundry Bancorp had a negative return on equity of 3.50% and a negative net margin of 14.14%. The business had revenue of $21.92 million for the quarter, compared to the consensus estimate of $10.26 million. During the same quarter in the prior year, the firm posted ($0.06) earnings per share. On average, analysts expect Blue Foundry Bancorp to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Blue Foundry Bancorp Trading Up 0.4 %

Shares of Blue Foundry Bancorp stock opened at $9.41 on Tuesday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.23 and a quick ratio of 1.23. The business has a fifty day simple moving average of $10.29 and a two-hundred day simple moving average of $10.33. Blue Foundry Bancorp has a 1 year low of $7.90 and a 1 year high of $11.48. The company has a market capitalization of $214.55 million, a price-to-earnings ratio of -16.80 and a beta of 0.63.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods raised their target price on shares of Blue Foundry Bancorp from $9.75 to $11.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th.

Check Out Our Latest Report on BLFY

Blue Foundry Bancorp Company Profile

(Get Free Report)

Blue Foundry Bancorp operates as a bank holding company for Blue Foundry Bank, a savings bank that offers various banking products and services for individuals and businesses in the United States. The company offers saving, time, and non-interest bearing deposits; demand accounts; and loans, such as one-to-four family residential property, multi-family, residential real estate, non-residential real estate, consumer, construction, and commercial and industrial loans, as well as junior liens and home equity lines of credit.

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Earnings History for Blue Foundry Bancorp (NASDAQ:BLFY)

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