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Flagstar Bancorp Inc Forecasted to Post Q2 2019 Earnings of $0.34 Per Share (NYSE:FBC)

Medical is one of the seven sectors in the S&P 500 cohort that is expected to record growth in earnings in the second quarter. The sector is likely to post earnings growth of. the top-line estimate.

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Flagstar Bancorp (NYSE:FBC) was downgraded by Zacks Investment Research from a "buy" rating to a "hold" rating in a research note issued on Monday, Zacks.com reports. According to Zacks, "Flagstar Bancorp, Inc. is the holding company for Flagstar Bank, FSB, a federally chartered stock savings bank.

Flagstar Bancorp Inc (NYSE:FBC) revealed on Tuesday that its board of directors approved a common stock cash dividend of USD0.04 per share. The dividend will be paid on 17 June 2019 to shareholders of record date at the close of business on 3 June 2019.

According to Zacks, analysts expect that Flagstar Bancorp will report full-year earnings of $3.41 per share for the current fiscal year, with EPS estimates ranging from $3.20 to $3.50. For the next financial year, analysts forecast that the firm will report earnings of $3.78 per share, with EPS estimates ranging from $3.65 to $3.90.

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Flagstar Bancorp Inc (NYSE:FBC) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Flagstar Bancorp, Inc. is a savings and loan holding company. The company through its subsidiaries offers commercial, small business, and consumer banking services mortgage and banking products to consumer, commercial, and government.

Flagstar Bancorp has a one year low of $25.30 and a one year high of $38.00. Flagstar Bancorp (NYSE:FBC) last issued its quarterly earnings results on Tuesday, April 23rd. The savings and loans company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.02.

Delta Air Lines, Inc. to Post Q2 2019 Earnings of $2.25 Per Share, Imperial capital forecasts (nyse:dal) posted by Liza Goodheart on Jul 14th, 2019 Delta Air Lines, Inc. (NYSE:DAL) – Analysts at Imperial Capital upped their Q2 2019 EPS estimates for shares of Delta Air Lines in a research note issued to investors on Wednesday, July 10th.

Q3 net income of $47M or $0.69 per share vs. $46M and $0.68 in Q2, and a loss of $28M or $0.61 one year ago. The bank also announces the post-Q3 sale of another $214M of interest-only loans.

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