First Financial Bancorp expected to post earnings of 52 cents a share - Earnings Preview

First Financial Bancorp.

20/07/2021 21:30

* First Financial Bancorp  FFBC.OQ   FFBC.O  is expected to show
a fall in quarterly revenue when it reports results on July 22. 
* The Cincinnati, Ohio-based company is expected to report   a
0.2% decrease in revenue to $153.92 million from $154.17 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 52 cents per share. For the same quarter last
year, the company reported earnings of 40 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 $25​, about 14.1% above​ its last closing price
of $21.48. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.49        0.48       0.50      Beat    5
 Dec. 31 2020  0.46        0.46       0.51      Beat    10.4
 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.          0.38​       0.39       0.31      Missed  -20.2​
 31​ 2020​                                              
 Dec. 31 2019  0.53        0.53       0.52      Missed  -1.1​
 Sep. 30 2019  0.55        0.55       0.56      Beat    2.7
 Jun. 30 2019  0.57        0.57       0.58      Beat    2.3
 This summary was machine generated July 20 at 20:30 GMT.  All
figures in US dollars unless otherwise stated