OFG Bancorp expected to post earnings of 88  cents a share - Earnings Preview

OFG Bancorp

18/07/2023 14:45

* OFG Bancorp  OFG.N   OFG  is expected to show a rise in
quarterly revenue when it reports  results on July 20. 
    * The San Juan Puerto Rico-based   company is expected to
report 
a 18.0% increase in revenue to $135.786 million from $115.09
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 88 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
$33​, above​ its last closing price of $28.89. ​​​

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 2023  0.88        0.86       0.96      Beat    11.3
 Dec. 31 2023  0.92        0.92       0.97      Beat    5.7
 Sep. 30 2022  0.88        0.85       0.87      Beat    2.4​
 Jun. 30 2022  0.74        0.74       0.84      Beat    14.3
 ​​Mar.        0.64        0.64       0.76      Beat    19.7
 31 2022                                                
 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
 This summary was machine generated July 18 at 13:45 GMT.  All
figures in US dollars  unless otherwise stated