Northfield Bancorp (NFBK) Releases Earnings Results, Misses Expectations By $-0.05 EPS

Northfield Bancorp (NFBK) reported quarterly earnings results on Wednesday, Apr-27-2016. The company reported $0.08 earnings per share for the quarter, missing the analyst consensus estimate by $-0.05. Analysts had a consensus of $0.13. The company posted revenue of $24.73 million in the period, compared to analysts expectations of $24.44 million. The company’s revenue was up 23.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.11 EPS.

Many Wall Street Analysts have commented on Northfield Bancorp. Northfield Bancorp was Initiated by Piper Jaffray to “Neutral” on Apr 14, 2016.

Northfield Bancorp opened for trading at $16.39 and hit $16.55 on the upside on Friday, eventually ending the session at $16.52, with a gain of 0.85% or 0.14 points. The heightened volatility saw the trading volume jump to 99,289 shares. Company has a market cap of $798 M.

In a different news, on Mar 17, 2016, John R Bowen (director) sold 3,000 shares at $16.06 per share price. According to the SEC, on Mar 4, 2016, Susan Lamberti (director) sold 10,000 shares at $16.10 per share price. On Feb 23, 2016, Patrick Louis Ryan (director) sold 40,000 shares at $15.35 per share price, according to the Form-4 filing with the securities and exchange commission.

Northfield Bancorp

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