HarborOne Bancorp Shares Fall 14% as 3Q Results Miss Some Estimates

Dow Jones

2024-10-25

By Stephen Nakrosis

Shares of HarborOne Bancorp were lower after the holding company for HarborOne Bank reported third-quarter results which missed some analysts' estimates.

Shortly before the closing bell Thursday, shares of HarborOne were down 14%, at $11.45.

Before the bell, HarborOne reported third-quarter earnings per share of 10 cents. Analysts were expecting earnings of 19 cents a share, according to FactSet.

In the year-ago period, the company reported earnings of 18 cents a share.

The company said third-quarter results include a credit-loss provision of $5.9 million, primarily as a result of a suburban office commercial real-estate credit.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

October 24, 2024 15:56 ET (19:56 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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Analysts were expecting earnings of 19 cents a share, according to FactSet. \n</p>\n<p>\n  In the year-ago period, the company reported earnings of 18 cents a share. \n</p>\n<p>\n  The company said third-quarter results include a credit-loss provision of $5.9 million, primarily as a result of a suburban office commercial real-estate credit. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 24, 2024 15:56 ET (19:56 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2478667490","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2478667490","pubTimestamp":1729799760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of HarborOne Bancorp were lower after the holding company for HarborOne Bank reported third-quarter results which missed some analysts' estimates.Shortly before the closing bell Thursday, shares of HarborOne were down 14%, at $11.45.Before the bell, HarborOne reported third-quarter earnings per share of 10 cents. 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Analysts were expecting earnings of 19 cents a share, according to FactSet. \n\n\n  In the year-ago period, the company reported earnings of 18 cents a share. \n\n\n  The company said third-quarter results include a credit-loss provision of $5.9 million, primarily as a result of a suburban office commercial real-estate credit. \n\n\n \n\n\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 24, 2024 15:56 ET (19:56 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}