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

OFG Bancorp

21/04/2022 16:41

* OFG Bancorp  OFG.N  reported quarterly adjusted earnings
of 76
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
64 cents per share.
    * Revenue rose 7.1% to $105.19 million from a year ago; 
analysts
expected $109.09 million. 
    * OFG Bancorp's reported EPS for the quarter was 76 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * OFG Bancorp shares had risen by 3.2% this quarter and
gained 3.5% so far this year.
    * The company reported quarterly net income of $37.52
million.
    * Wall Street's median 12-month price target for OFG Bancorp
is
$35.00 
    * 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." 

This summary was machine generated April 21 at 03:41 p.m.  ​All
figures in US dollars unless otherwise stated