First Bancorp (North Carolina) expected to post earnings of 91  cents a share - Earnings Preview

First Bancorp (North Carolina)

22/04/2022 12:15

* First Bancorp (North Carolina)  FBNC.OQ   FBNC.O  is
expected
to show a rise in quarterly revenue when it reports  results on
April 25 (estimated). 
    * The Southern Pines North Carolina-based  company is
expected to
report  a 22.2% increase in revenue to $92.789 million from
$75.91 million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for First Bancorp
(North
Carolina) is for earnings of 91 cents per share. For the same
quarter last year, the company reported earnings of 99 cents per
share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $52​, above​ its last closing price
of $39.81. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  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. 31 2021  0.87        0.84       0.99      Beat    18.3
 ​​Dec.        0.76        0.76       0.83      Beat    9.1
 31 2020                                                
 Sep. 30 2020  0.43        0.43       0.81      Beat    86.9​
 Jun. 30 2020  0.23        0.28       0.35      Beat    25.8
 Mar. 31 2020  0.58        0.59       0.62      Beat    4.8
 This summary was machine generated April 22 at 11:15 GMT.  All
figures in US dollars  unless otherwise stated