First Financial Bancorp expected to post earnings of 59 cents a share - Earnings Preview

First Financial Bancorp.

23/07/2024 22:25

* First Financial Bancorp  FFBC.OQ   FFBC.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 25
for the period ending January 1 0001
    * The Cincinnati Ohio-based  company is expected to report a
3.2% decrease in revenue to $205.675 million from $212.49
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. (SAL is on Operating Revenue
basis)
    * ​LSEG's mean analyst estimate for First Financial Bancorp
is for
earnings of 59 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"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 $25.00​, below​ its last closing price of $26.26. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.60        0.59       0.53      Missed  -10.4
 Dec. 31 2024  0.61        0.61       0.60      Missed  -1.3
 Sep. 30 2023  0.67        0.67       0.69      Beat    2.7​
 Jun. 30 2023  0.69        0.69       0.69      Met     0
 ​​Mar.        0.71        0.71       0.74      Beat    5
 31 2023                                                
 Dec. 31 2022  0.69        0.69       0.73      Beat    5.8​
 Sep. 30 2022  0.61        0.60       0.59      Missed  -1.9
 Jun. 30 2022  0.51        0.51       0.55      Beat    8.9
 This summary was machine generated July 23 at 21:25 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)