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

First Bancorp (North Carolina)

21/04/2023 12:58

* 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 17.9% increase in revenue to $113.323 million from
$96.13 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 91 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $44​, above​ its last closing price
of $33.68. ​​​

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 2022  1.12        1.12       1.08      Missed  -3.2
 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
 ​​Dec.        0.44        0.53       0.30      Missed  -43.6
 31 2021                                                
 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
 This summary was machine generated April 21 at 11:58 GMT.  All
figures in US dollars  unless otherwise stated