• OceanFirst Financial Corp. (NASDAQ:OCFC) is expected to release its quarterly earnings with an anticipated EPS of $0.37 and revenue of $95.08 million.
• The company has a history of exceeding consensus EPS estimates, outperforming expectations in three out of the past four quarters.
• OceanFirst's financial health is highlighted by a P/E ratio of 10.51 and a debt-to-equity ratio of 0.77, indicating a moderate level of debt.

OceanFirst Financial Corp. (NASDAQ:OCFC) operates as the holding company for OceanFirst Bank N.A., offering a comprehensive range of banking services within the Zacks Financial - Savings and Loan industry. Competing with other regional banks, OceanFirst is a key player in the financial sector, providing loans, deposits, and wealth management services.

As OceanFirst gears up for its quarterly earnings release on January 24, 2025, analysts are setting their expectations for an EPS of $0.37 and revenue forecasts at $95.08 million. Despite a slight revenue miss in the previous quarter, with reported revenue of $95.56 million against the Zacks Consensus Estimate of $95.7 million, OceanFirst has consistently demonstrated its ability to surpass EPS expectations. This trend is underscored by a positive EPS surprise of 5.56% in the last quarter, with an EPS of $0.38, beating the consensus estimate of $0.36.

Key financial metrics for OceanFirst include a P/E ratio of 10.51 and a price-to-sales ratio of 1.65. The company's enterprise value to sales ratio stands at 3.27, with an enterprise value to operating cash flow ratio of 102.68. The earnings yield is reported at 9.52%, and the debt-to-equity ratio is 0.77, indicating a balanced approach to leveraging.