Flagstar Bancorp (NYSE:FBC) reported its Q1 earnings results on Wednesday, April 27, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Flagstar Bancorp (NYSE:FBC) reported its Q1 earnings results on Wednesday, April 27, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Flagstar Bancorp missed estimated earnings by 26.62%, reporting an EPS of $1.02 versus an estimate of $1.39.
Revenue was down $24.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 2.19% drop in the share price the next day.
Here's a look at Flagstar Bancorp's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.62 | 1.85 | 1.93 | 2.63 |
| EPS Actual | 1.69 | 2.94 | 2.74 | 3.31 |
| Revenue Estimate | 182.65M | 180.20M | 182.72M | 185.87M |
| Revenue Actual | 181.00M | 195.00M | 183.00M | 189.00M |
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.
