The Oil & Gas Journal, first published in 1902, is the world's most widely read petroleum industry publication. OGJ delivers international oil and gas industry news; analysis of issues and events; practical technology for design, operation, and maintenance of oil and gas operations; and important statistics on energy markets and industry activity.

OGJ is edited to meet the needs of engineers, geoscientists, managers, and executives throughout the oil and gas industry. It is part of Endeavor Business Media, Nashville, Tenn., which also publishes Offshore Magazine.

Endeavor Business Media’s Petroleum Group also produces targeted e-Newsletters; hosts global conferences and exhibitions, seminars, and forums; and publishes directories, technical books, print and electronic databases, surveys, and maps.

Additional Information

Website & Technical Help

For help with subscription purchases or refunds, or trouble logging into the paid subscription content on www.ogj.com, please contact Customer Service at [email protected] or call 1-847-559-7598.

For more customer service information, please click here.

Dime Community Bancshares (DCOM) Reports Q2: Everything You Need To Know Ahead Of Earnings

DCOM Cover Image

Regional bank Dime Community Bancshares (NASDAQ: DCOM) will be announcing earnings results this Thursday before market open. Here’s what to expect.

Dime Community Bancshares missed analysts’ revenue expectations by 2.4% last quarter, reporting revenues of $103.8 million, up 26.6% year on year. It was a softer quarter for the company, with a miss of analysts’ net interest income estimates and a slight miss of analysts’ EPS estimates.

Is Dime Community Bancshares a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Dime Community Bancshares’s revenue to grow 22.5% year on year to $107 million, a reversal from the 3.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.62 per share.

Dime Community Bancshares Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Dime Community Bancshares has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Dime Community Bancshares’s peers in the regional banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. City Holding delivered year-on-year revenue growth of 6.3%, beating analysts’ expectations by 3%, and Texas Capital Bank reported revenues up 15.2%, topping estimates by 2.7%. Texas Capital Bank traded up 4.8% following the results.

Read our full analysis of City Holding’s results here and Texas Capital Bank’s results here.

There has been positive sentiment among investors in the regional banks segment, with share prices up 8.2% on average over the last month. Dime Community Bancshares is up 4.6% during the same time and is heading into earnings with an average analyst price target of $35.40 (compared to the current share price of $28.37).

Unless you’ve been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.