OFG Bancorp expected to post earnings of 76 cents a share - Earnings Preview

OFG Bancorp

17/01/2022 13:57

* OFG Bancorp  OFG.N   OFG  is expected to show a rise in
quarterly revenue when it reports  results on January 19. 
* The San Juan Puerto Rico-based   company is expected to report
 a 5.1% increase in revenue to $103.757 million from $98.74
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for OFG Bancorp is for
earnings of 76 cents per share. For the same quarter last year,
the company reported earnings of 42 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "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
$33​, about 7.5% above​ its last closing price of $30.54. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2020  0.42        0.45       0.42      Missed  -6.7
 ​​Sep.        0.35        0.35       0.50      Beat    41.5
 30 2020                                                
 Jun. 30 2020  0.22        0.22       0.39      Beat    77.3​
 Mar. 31 2020  0.43        0.43       0.00      Missed  -100
 Dec. 31 2019  0.41        0.33       -0.04     Missed  -112.3
 This summary was machine generated January 17 at 13:57 GMT.  All
figures in US dollars  unless otherwise stated