First Financial Bancorp expected to post earnings of 61 cents a share - Earnings Preview

First Financial Bancorp.

23/01/2024 21:40

* First Financial Bancorp  FFBC.OQ   FFBC.O  is expected
to show a
fall in quarterly revenue when it reports  results on January 25
for the period ending December 31 2023
    * The Cincinnati Ohio-based  company is expected to report a
3.1% decrease in revenue to $207.325 million from $213.93
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. (SAL is on Operating Revinue
basis)
    * ​LSEG's mean analyst estimate for First Financial Bancorp
is for
earnings of 61 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​, above​ its last closing price of $23.68. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.67        0.67       0.69      Beat    2.7
 Jun. 30 2023  0.69        0.69       0.69      Met     0
 Mar. 31 2023  0.71        0.71       0.74      Beat    5​
 Dec. 31 2022  0.69        0.69       0.73      Beat    5.8
 ​​Sep.        0.61        0.60       0.59      Missed  -1.9
 30 2022                                                
 Jun. 30 2022  0.51        0.51       0.55      Beat    8.9​
 Mar. 31 2022  0.46        0.45       0.46      Beat    1.5
 Dec. 31 2021  0.56        0.56       0.58      Beat    3.6
 This summary was machine generated January 23 at 21:40 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)