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

First Financial Bancorp.

20/10/2022 22:01

* First Financial Bancorp  FFBC.OQ  reported quarterly
adjusted
earnings of 59 cents​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of 60 cents per share.
    * Revenue rose 3.6% to $172.14 million from a year ago;
analysts
expected $179.88 million. 
    * First Financial Bancorp's reported EPS for the quarter was
59
cents​.
    * The mean earnings estimate of analysts had risen by
about 8.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * First Financial Bancorp shares had risen by 13.4% this
quarter and lost 2.0% so far this year.
    * The company reported quarterly net income of $55.71
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 from Refinitiv data October
20 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.60           0.59           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