First Bancorp expected to post earnings of 35  cents a share - Earnings Preview

First Bancorp

25/07/2023 19:31

* First Bancorp  FBP.N   FBP  is expected to show a rise in
quarterly revenue when it reports  results on July 27. 
    * The San Juan Puerto Rico-based   company is expected to
report 
a 2.7% increase in revenue to $201.56 million from $196.19
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for First Bancorp is
for
earnings of 35 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for First
Bancorp is
$14​, below​ its last closing price of $14.29. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.35        0.35       0.39      Beat    10.4
 Dec. 31 2023  0.40        0.40       0.40      Met     0.9
 Sep. 30 2022  0.39        0.39       0.40      Beat    1.7​
 Jun. 30 2022  0.35        0.35       0.38      Beat    9.2
 ​​Mar.        0.35        0.34       0.41      Beat    19.7
 31 2022                                                
 Dec. 31 2021  0.32        0.32       0.36      Beat    12.5​
 Sep. 30 2021  0.34        0.31       0.37      Beat    21.3
 Jun. 30 2021  0.29        0.27       0.36      Beat    35.8
 This summary was machine generated July 25 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated