OFG Bancorp expected to post earnings of 53  cents a share - Earnings Preview

OFG Bancorp

19/07/2021 14:21

* OFG Bancorp  OFG.N   OFG  is expected to show a fall in
quarterly revenue when it reports results on July 21 .
* The San Juan, Puerto Rico-based company is expected to report 
 a 5.1% decrease in revenue to $99.7 million from $105.06
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for OFG Bancorp is for
earnings of 53 cents per share. For the same quarter last year,
the company reported earnings of 39 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"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 OFG Bancorp is
$28​, about 25.6% above​ its last closing price of $20.82. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.45        0.45       0.56      Beat    25.8
 Dec. 31 2020  0.42        0.45       0.42      Missed  -6.7
 Sep. 30 2020  0.35        0.35       0.50      Beat    41.5​
 Jun. 30 2020  0.22        0.22       0.39      Beat    77.3
 Mar.          0.43​       0.43       0.00      Missed  -100​
 31​ 2020​                                              
 Dec. 31 2019  0.41        0.33       -0.04     Missed  -112.3
                                                        ​
 Sep. 30 2019  0.45        0.43       0.48      Beat    10.8
 Jun. 30 2019  0.43        0.43       0.43      Met     0.6
 This summary was machine generated July 19 at 13:21 GMT.  All
figures in US dollars unless otherwise stated