First Financial Bancorp reports results for the quarter ended in June - Earnings Summary

First Financial Bancorp.

21/07/2022 22:02

* First Financial Bancorp  FFBC.OQ  reported quarterly
adjusted
earnings of 55 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was
for earnings of 51 cents per share.
    * Revenue rose 15.9% to $166.98 million from a year ago; 
analysts
expected $160.20 million. 
    * First Financial Bancorp's reported EPS for the quarter was
55
cents​.
    * The mean earnings estimate of analysts had risen by
about 4.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * First Financial Bancorp shares had risen by 7.5% this
quarter and lost 14.4% so far this year.
    * The company reported quarterly net income of $51.52
million.
    * Wall Street's median 12-month price target for First
Financial
Bancorp is $24.00 
    * 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." 

This summary was machine generated July 21 at 09:02 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.51           0.55           Beat
 Mar. 31 2022      0.45           0.46           Beat
 Dec. 31 2021      0.56           0.58           Beat
 Sep. 30 2021      0.52           0.45           Missed
 This summary was machine generated from Refinitiv data July 21
at 09:02 p.m