First Bancorp (North Carolina) expected to post earnings of 65 cents a share - Earnings Preview

First Bancorp (North Carolina)

19/01/2024 11:34

* First Bancorp (North Carolina)  FBNC.OQ   FBNC.O  is
expected
to show a rise in quarterly revenue when it reports  results on
January 22 (estimated) for the period ending December 31 2023
    * The Southern Pines North Carolina-based  company is
expected to
report a 0.1% increase in revenue to $99.026 million from $98.93
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for First Bancorp (North
Carolina)
is for earnings of 65 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 $33.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  1.12        1.12       1.08      Missed  -3.2
 ​​Sep.        0.97        0.98       1.06      Beat    7.7
 30 2022                                                
 Jun. 30 2022  1.03        1.02       1.04      Beat    1.6​
 Mar. 31 2022  0.94        0.91       1.03      Beat    13
 Dec. 31 2021  0.44        0.53       0.30      Missed  -43.6
 This summary was machine generated January 19 at 11:34 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)