First Bancorp (North Carolina) expected to post earnings of 49 cents a share - Earnings Preview

First Bancorp (North Carolina)

27/10/2021 07:36

* First Bancorp (North Carolina)  FBNC.OQ   FBNC.O  is expected
to show a rise in quarterly revenue when it reports results on
January 25 (estimated). 
* The Southern Pines, North Carolina-based company is expected
to report  a 14.5% increase in revenue to $86.918 million from
$75.9 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 49 cents per share. For the same
quarter last year, the company reported earnings of 83 cents per
share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had risen by about 5.6%
in the last three months. ​
* Wall Street's median 12-month price target for First Bancorp
(North Carolina) is $52​, about 7.7% above​ its last closing
price of $48.02. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2021  0.87        0.84       0.99      Beat    18.3​
 Dec. 31 2020  0.76        0.76       0.83      Beat    9.1
 Sep.          0.43​       0.43       0.81      Beat    86.9​
 30​ 2020​                                              
 Jun. 30 2020  0.23        0.28       0.35      Beat    25.8​
 Mar. 31 2020  0.58        0.59       0.62      Beat    4.8
 Dec. 31 2019  0.78        0.78       0.71      Missed  -9
 This summary was machine generated October 27 at 06:35 GMT.  All
figures in US dollars unless otherwise stated