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

First Financial Bancorp.

20/07/2023 22:01

* First Financial Bancorp  FFBC.OQ  reported quarterly
adjusted
earnings of 69 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was
for earnings of 69 cents per share.
    * Revenue rose 27.3% to $212.49 million from a year ago;
analysts
expected $212.94 million. 
    * First Financial Bancorp's reported EPS for the quarter was
69
cents​.
    * The mean earnings estimate of analysts had risen by
about 1% in
the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * First Financial Bancorp shares had risen by 17.5% this
quarter and lost 0.9% so far this year.
    * The company reported quarterly net income of $65.67
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 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
20 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.69           0.69           Met
 Mar. 31 2023      0.71           0.74           Beat
 Dec. 31 2022      0.69           0.73           Beat
 Sep. 30 2022      0.60           0.59           Missed