• Berkshire Hills Bancorp Inc BHLB.N reported quarterly adjusted earnings of 60 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 49 cents. The mean expectation of six analysts for the quarter was for earnings of 53 cents per share. Wall Street expected results to range from 52 cents to 56 cents per share.

• Revenue rose 1.9% to $89.77 million from a year ago; analysts expected $90.27 million.

• Berkshire Hills Bancorp Inc's reported EPS for the quarter was 56 cents​.

• The company reported quarterly net income of $25.72 million.

• Berkshire Hills Bancorp Inc shares had fallen by 6.9% this quarter and lost 14.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "hold."

• Wall Street's median 12-month price target for Berkshire Hills Bancorp Inc is $31.75

This summary was machine generated from LSEG data April 24 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)