OFG Bancorp expected to post earnings of 68 cents a share - Earnings Preview

OFG Bancorp

18/10/2021 14:09

* OFG Bancorp  OFG.N   OFG  is expected to show a rise in
quarterly revenue when it reports results on October 20. 
* The San Juan, Puerto Rico-based company is expected to report 
a 3.3% increase in revenue to $102.8 million from $99.53 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 68 cents per share. For the same quarter last year,
the company reported earnings of 50 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
$31​, about 17.5% above​ its last closing price of $25.56. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.42        0.45       0.42      Missed  -6.7​
 Sep. 30 2020  0.35        0.35       0.50      Beat    41.5
 Jun.          0.22​       0.22       0.39      Beat    77.3​
 30​ 2020​                                              
 Mar. 31 2020  0.43        0.43       0.00      Missed  -100​
 Dec. 31 2019  0.41        0.33       -0.04     Missed  -112.3
 Sep. 30 2019  0.45        0.43       0.48      Beat    10.8
 This summary was machine generated October 18 at 13:09 GMT.  All
figures in US dollars unless otherwise stated