Is BLFY's Q1 2025 EPS forecast achievable?

**Blue Foundry Bancorp's (BLFY) Q1 2025 EPS forecast is not currently achievable based on available data and financial trends.** Here's the analysis to support this conclusion: 1. **Current Financial Situation**: BLFY's latest reported financial results for the full year 2024 show a net loss of $11.9 million, with a reported EPS of $0.56 for the year. This indicates that the company is currently operating at a loss, which is a critical point to consider when evaluating the achievability of an EPS forecast. |code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code| |---|---|---|---|---|---|---| |BLFY|BLFY.O|Blue Foundry|2024 Q1|-160|-0.13|185| |BLFY|BLFY.O|Blue Foundry|2024 Q2|-37.5|-0.11|185| |BLFY|BLFY.O|Blue Foundry|2024 Q3|-216.66666666666669|-0.19|185| 2. **Analyst Forecasts**: The consensus EPS forecast for Q1 2025 is not available, but based on the information gathered, the forecast for the quarter ending in 2024 Q4 is -$0.16. This suggests that analysts are expecting a negative EPS in the immediate term, which does not align with the company's historical performance or the broader financial trends. 3. **Recent Performance Trends**: BLFY's net interest margin has been declining, from 2.09% in 2023 to 1.90% in 2024. Additionally, the cost-to-income ratio has been increasing, from 117.9% in 2023 to 133.7% in 2024. These trends indicate a deteriorating profitability situation, which makes it challenging to forecast a positive EPS in the near term. 4. **Industry and Economic Factors**: The forecast for the Banks industry in the US is a growth of 7.3%, which is more favorable than BLFY's current revenue segments. However, the company's specific circumstances and the broader economic environment need to be considered when assessing the achievability of an EPS forecast. In conclusion, given the company's current financial losses, declining margins, and the broader economic factors, it is not currently achievable to forecast a positive EPS for BLFY in Q1 2025 based on the available data and trends.