First Bancorp (North Carolina) reports results for the quarter ended in June - Earnings Summary

First Bancorp (North Carolina)

27/07/2022 21:57

* First Bancorp (North Carolina)  FBNC.OQ  reported
quarterly
adjusted earnings of $1.04​​ per share for the quarter ended in
June. The mean expectation of five analysts for the quarter was
for earnings of $1.02 per share.
    * Revenue rose 19.2% to $95.53 million from a year ago;
analysts
expected $96.36 million. 
    * First Bancorp (North Carolina)'s reported EPS for the
quarter
was $1.03​.
    * The mean earnings estimate of analysts had risen by
about 4.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * First Bancorp (North Carolina) shares had risen by 5.2%
this
quarter and lost 19.7% so far this year.
    * The company reported quarterly net income of $36.59
million.
    * Wall Street's median 12-month price target for First
Bancorp
(North Carolina) is $49.00 
    * 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." 

This summary was machine generated from Refinitiv data July 27
at 08:57 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.02           1.04           Beat
 Mar. 31 2022      0.91           1.03           Beat
 Dec. 31 2021      0.53           0.30           Missed
 Sep. 30 2021      0.94           0.97           Beat