First Bancorp (North Carolina) expected to post earnings of 53 cents a share - Earnings Preview

First Bancorp (North Carolina)

21/01/2022 11:18

* 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 18.3% increase in revenue to $89.778 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 53 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," 2
"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 $54​, about 16.6% above​ its last closing
price of $45.04. ​​​
    * 

This summary was machine generated January 21 at 11:18 GMT.  All
figures in US dollars  unless otherwise stated