HomeStreet: Q3 Earnings Snapshot
SEATTLE (AP) — SEATTLE (AP) — HomeStreet Inc. (HMST) on Monday reported third-quarter profit of $2.3 million.
SEATTLE (AP) — SEATTLE (AP) — HomeStreet Inc. (HMST) on Monday reported third-quarter profit of $2.3 million.
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On a per-share basis, the Seattle-based company said it had net income of 12 cents.
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The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The real estate lender posted revenue of $111.2 million in the period. Its adjusted revenue was $49.4 million, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $52.3 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HMST at https://www.zacks.com/ap/HMST