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

First Bancorp (North Carolina)

27/04/2022 22:00

* First Bancorp (North Carolina)  FBNC.OQ  reported
quarterly
adjusted earnings of $1.03​​ per share for the quarter ended in
March. The mean expectation of six analysts for the quarter was
for earnings of 91 cents per share.
    * Revenue rose 26.6% to $96.13 million from a year ago; 
analysts
expected $92.79 million. 
    * First Bancorp (North Carolina)'s reported EPS for the
quarter
was 95 cents​.
    * The mean earnings estimate of analysts had risen by
about 5.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * First Bancorp (North Carolina) shares had fallen by 9.8%
this
quarter and lost 17.6% so far this year.
    * The company reported quarterly net income of $33.97
million.
    * Wall Street's median 12-month price target for First
Bancorp
(North Carolina) is $52.00 
    * 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." 

This summary was machine generated April 27 at 09:00 p.m.  ​All
figures in US dollars unless otherwise stated