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Eastern Bankshares Earnings Analysis: Q4 Recap

Eastern Bankshares EBC released its Q4 earnings on Thursday, January 23, 2025 at 04:17 PM.

Here’s what’s important from the earnings announcement.

Earnings

Eastern Bankshares beat estimated earnings by 17.0%, reporting an EPS of $0.34 versus an estimate of $0.29.

Revenue was up $56.50 million from the same period last year.

Performance in Previous Earnings

Last quarter the company missed on EPS by $0.08 which was followed by a 5.0% drop in the share price the next day.

Here’s a look at Eastern Bankshares’s past performance:

Quarter Q3 2024 Q2 2024 Q1 2024 Q4 2023
EPS Estimate 0.33 0.21 0.20 0.2
EPS Actual 0.25 0.22 0.23 0.1
Revenue Estimate 182.28M 133.13M 134.92M 129.71M
Revenue Actual 203.38M 154.00M 157.59M 160.05M

To track all earnings releases for Eastern Bankshares visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs

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