NASDAQ:EBC - Nasdaq - US27627N1054 - Common Stock - Currency: USD
The consensus price target hints at a 28.8% upside potential for Eastern Bankshares (EBC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
RITM, BBVA and EBC made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 1, 2025.
Eastern Bankshares (EBC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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While the top- and bottom-line numbers for Eastern Bankshares (EBC) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Eastern Bankshares (EBC) delivered earnings and revenue surprises of 3.03% and 2.46%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
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Besides Wall Street's top -and-bottom-line estimates for Eastern Bankshares (EBC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
EBC earnings call for the period ending December 31, 2024.
EBC earnings call for the period ending September 30, 2024.