Republic First Bancorp Inc reports results for the quarter ended in March - Earnings Summary

Republic First Bancorp

21/11/2022 14:31

* Republic First Bancorp Inc  FRBK.OQ  reported quarterly
adjusted
earnings of 8 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 9 cents per share.
    * Revenue fell 2.9% to $40.49 million from a year ago;
analysts
expected $41.10 million. 
    * Republic First Bancorp Inc's reported EPS for the quarter
was 8
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Republic First Bancorp Inc shares had fallen by 4.9% this
quarter and lost 27.7% so far this year.
    * The company reported quarterly net income of $5.25
million.
    * Wall Street's median 12-month price target for Republic
First
Bancorp Inc is $3.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
21 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2022      0.09           0.08           Missed
 Dec. 31 2021      0.09           0.08           Missed
 Sep. 30 2021      0.07           0.08           Beat
 Jun. 30 2021      0.07           0.08           Beat