First Bancorp (North Carolina) expected to post earnings of $1.02 a share - Earnings Preview

First Bancorp (North Carolina)

22/07/2022 12:46

* First Bancorp (North Carolina)  FBNC.OQ   FBNC.O  is
expected
to show a rise in quarterly revenue when it reports  results on
July 25 (estimated). 
    * The Southern Pines North Carolina-based  company is
expected to
report  a 20.3% increase in revenue to $96.364 million from
$80.13 million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for First Bancorp
(North
Carolina) is for earnings of $1.02 per share. For the same
quarter last year, the company reported earnings of $1.04 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
(North Carolina) is $49​, above​ its last closing price
of $36.31. ​​​
    * 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 2022  0.94        0.91       1.03      Beat    13
 Dec. 31 2022  0.44        0.53       0.30      Missed  -43.6
 Sep. 30 2021  0.97        0.94       0.97      Beat    3.6​
 Jun. 30 2021  0.93        0.92       1.04      Beat    12.9
 ​​Mar.        0.87        0.84       0.99      Beat    18.3
 31 2021                                                
 Dec. 31 2020  0.76        0.76       0.83      Beat    9.1​
 Sep. 30 2020  0.43        0.43       0.81      Beat    86.9
 Jun. 30 2020  0.23        0.28       0.35      Beat    25.8
 This summary was machine generated July 22 at 11:46 GMT.  All
figures in US dollars  unless otherwise stated