Berkshire Hills Bancorp (NYSE:BHLB) reported its Q1 earnings results on Thursday, April 20, 2023 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Berkshire Hills Bancorp missed estimated earnings by 3.08%, reporting an EPS of $0.63 versus an estimate of $0.65.
Revenue was up $28.47 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 2.48% drop in the share price the next day.
Here’s a look at Berkshire Hills Bancorp’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.63 | 0.59 | 0.47 | 0.40 |
| EPS Actual | 0.64 | 0.62 | 0.51 | 0.43 |
| Revenue Estimate | 97.44M | 85.90M | 74.07M | 70.56M |
| Revenue Actual | 102.09M | 92.08M | 81.36M | 69.06M |
To track all earnings releases for Berkshire Hills Bancorp visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
