OFG Bancorp reports results for the quarter ended in June - Earnings Summary

OFG Bancorp

21/07/2021 13:26

* OFG Bancorp  OFG.N  reported quarterly adjusted earnings of 78
cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for earnings of 53 cents
per share.
* Revenue fell 2.7% to $102.26 million from a year ago; 
analysts expected $99.70 million. 
* OFG Bancorp's reported EPS for the quarter was 78 cents​.
* The mean earnings estimate of analysts had fallen by
about 1.9% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* OFG Bancorp shares had fallen by 7.4% this quarter and
gained 10.5% so far this year.
* The company reported quarterly net income of $40.83 million.
* Wall Street's median 12-month price target for OFG Bancorp is
$28.00 
* 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." 
This summary was machine generated July 21 at 12:26 p.m.  ​All
figures in US dollars unless otherwise stated