First Financial Bancorp expected to post earnings of 45  cents a share - Earnings Preview

First Financial Bancorp.

19/04/2022 21:43

* First Financial Bancorp  FFBC.OQ   FFBC.O  is expected
to show a
fall in quarterly revenue when it reports  results on April 21. 
    * The Cincinnati Ohio-based  company is expected to report 
a
1.5% decrease in revenue to $151.7 million from $154.06 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for First Financial
Bancorp
is for earnings of 45 cents per share. For the same quarter last
year, the company reported earnings of 50 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"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
Financial
Bancorp is $26.5​, above​ its last closing price of $21.78. ​​​
    * 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  0.56        0.56       0.58      Beat    3.6
 Sep. 30 2021  0.52        0.52       0.45      Missed  -13.7
 Jun. 30 2021  0.52        0.52       0.58      Beat    11.5​
 Mar. 31 2021  0.49        0.48       0.50      Beat    5
 ​​Dec.        0.46        0.46       0.51      Beat    10.4
 31 2020                                                
 Sep. 30 2020  0.38        0.38       0.44      Beat    15.3​
 Jun. 30 2020  0.25        0.25       0.40      Beat    62.2
 Mar. 31 2020  0.38        0.39       0.31      Missed  -20.2
 This summary was machine generated April 19 at 20:43 GMT.  All
figures in US dollars  unless otherwise stated