OFG Bancorp expected to post earnings of 74  cents a share - Earnings Preview

OFG Bancorp

19/07/2022 13:37

* OFG Bancorp  OFG.N   OFG  is expected to show a rise in
quarterly revenue when it reports  results on July 21. 
    * The San Juan Puerto Rico-based   company is expected to
report 
a 9.1% increase in revenue to $111.557 million from $102.26
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 74 cents per share. For the same quarter last year,
the company reported earnings of 78 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 $26.31. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.64        0.64       0.76      Beat    19.7
 Dec. 31 2022  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.        0.45        0.45       0.56      Beat    25.8
 31 2021                                                
 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
 This summary was machine generated July 19 at 12:37 GMT.  All
figures in US dollars  unless otherwise stated