* Bridgewater Bancshares Inc reported quarterly adjusted earnings of 28 cents per share for the quarter ended in December, lower than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of two analysts for the quarter was for earnings of 25 cents per share. Wall Street expected results to range from 24 cents to 27 cents per share.
* Revenue fell 22.8% to $26.72 million from a year ago; analysts expected $27.00 million.
* Bridgewater Bancshares Inc's reported EPS for the quarter was 28 cents.
* The company reported quarterly net income of $7.86 million.
* Bridgewater Bancshares Inc shares had risen by 0.3% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 5.9% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for Bridgewater Bancshares Inc is $15.25 This summary was machine generated from LSEG data January 24 at 11:37 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2023 0.25 0.28 Beat
Sep. 30 2023 0.27 0.30 Beat
Jun. 30 2023 0.31 0.31 Met
Mar. 31 2023 0.33 0.37 Beat
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