BCB Bancorp(BCBP) ZACKS·2024-10-10 15:07Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for BCB Bancorp, with a focus on how actual results compare to estimates impacting stock price movements [1] Earnings Estimates - BCB Bancorp is expected to report quarterly earnings of 25.29 million, down 6.6% from the same quarter last year [2] Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [3] - The Most Accurate Estimate for BCB Bancorp is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -7.22%, suggesting a bearish sentiment among analysts [6] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a favorable Zacks Rank [5] - BCB Bancorp currently holds a Zacks Rank of 2 (Buy), but the negative Earnings ESP complicates predictions of an earnings beat [7] Historical Performance - In the last reported quarter, BCB Bancorp was expected to earn 0.14, resulting in a surprise of -53.33% [8] - The company has not surpassed consensus EPS estimates in any of the last four quarters [8] Conclusion - BCB Bancorp does not appear to be a compelling candidate for an earnings beat, and investors should consider other factors when evaluating the stock ahead of its earnings release [9]