First Bancorp (North Carolina) expected to post earnings of 63 cents a share - Earnings Preview

First Bancorp (North Carolina)

22/04/2024 12:21

* First Bancorp (North Carolina)  FBNC.OQ   FBNC.O  is
expected
to show a fall in quarterly revenue when it reports  results on
April 24 (estimated) for the period ending March 31 2024
    * The Southern Pines North Carolina-based  company is
expected to
report a 9.6% decrease in revenue to $95.875 million from
$106.02 million a year ago, according to the mean estimate from
3 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for First Bancorp (North
Carolina)
is for earnings of 63 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $40.00​, above​ its last closing price
of $32.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.65        0.65       0.72      Beat    10.3
 Sep. 30 2023  0.66        0.68       0.73      Beat    7.7
 Jun. 30 2023  0.68        0.73       0.71      Missed  -2.2​
 Mar. 31 2023  0.87        0.91       0.37      Missed  -59.3
 ​​Dec.        1.12        1.12       1.08      Missed  -3.2
 31 2022                                                
 Sep. 30 2022  0.97        0.98       1.06      Beat    7.7​
 Jun. 30 2022  1.03        1.02       1.04      Beat    1.6
 Mar. 31 2022  0.94        0.91       1.03      Beat    13
 This summary was machine generated April 22 at 11:21 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)