OFG Bancorp expected to post earnings of 64  cents a share - Earnings Preview

OFG Bancorp

19/04/2022 14:38

* OFG Bancorp  OFG.N   OFG  is expected to show a rise in
quarterly revenue when it reports  results on April 21. 
    * The San Juan Puerto Rico-based   company is expected to
report 
a 11.1% increase in revenue to $109.093 million from $98.2
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for OFG Bancorp is for
earnings of 64 cents per share. For the same quarter last year,
the company reported earnings of 56 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
$35​, above​ its last closing price of $25.79. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.76        0.76       0.66      Missed  -12.8
 Sep. 30 2021  0.68        0.68       0.81      Beat    19.1
 Jun. 30 2021  0.53        0.53       0.78      Beat    47.2​
 Mar. 31 2021  0.45        0.45       0.56      Beat    25.8
 ​​Dec.        0.42        0.45       0.42      Missed  -6.7
 31 2020                                                
 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. 31 2020  0.43        0.43       0.00      Missed  -100
 This summary was machine generated April 19 at 13:38 GMT.  All
figures in US dollars  unless otherwise stated