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

First Financial Bancorp.

24/10/2023 23:15

* First Financial Bancorp  FFBC.OQ  reported quarterly
adjusted
earnings of 69 cents​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of 67 cents per share.
    * Revenue rose 23.2% to $212.08 million from a year ago;
analysts
expected $209.90 million. 
    * First Financial Bancorp's reported EPS for the quarter was
69
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * First Financial Bancorp shares had fallen by 3.3% this
quarter and lost 21.8% so far this year.
    * The company reported quarterly net income of $63.06
million.
    * Wall Street's median 12-month price target for First
Financial
Bancorp is $23.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 24 at 10:15 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.67           0.69           Beat
 Jun. 30 2023      0.69           0.69           Met
 Mar. 31 2023      0.71           0.74           Beat
 Dec. 31 2022      0.69           0.73           Beat