Flagstar Bancorp: Q2 Earnings Insights

Flagstar Bancorp: Q2 Earnings Insights

 

Flagstar Bancorp FBC reported its Q2 earnings results on Wednesday, July 27, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Flagstar Bancorp beat estimated earnings by 8.33%, reporting an EPS of $1.17 versus an estimate of $1.08.

Revenue was up $10.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.37 which was followed by a 1.87% drop in the share price the next day.

Here's a look at Flagstar Bancorp's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.39 1.62 1.85 1.93
EPS Actual 1.02 1.69 2.94 2.74
Revenue Estimate 172.63M 182.65M 180.20M 182.72M
Revenue Actual 165.00M 181.00M 195.00M 183.00M

To track all earnings releases for Flagstar Bancorp visit their earnings calendar here.

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

Posted In: BZI-RecapsEarningsNews