Wells Fargo Initiates Coverage On First BanCorp with Overweight Rating, Announces Price Target of $16
Wells Fargo analyst Timur Braziler initiates coverage on First BanCorp (NYSE:FBP) with a Overweight rating and announces Price Target of $16.
First BanCorp: Q3 Earnings Insights
First BanCorp (NYSE:FBP) reported its Q3 earnings results on Monday, October 25, 2021 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
First BanCorp beat their estimated earnings by 23.33%, which surprised analysts.
First BanCorp Q3 EPS $0.37 Beats $0.30 Estimate, Sales $184.74M Beat $179.85M Estimate
First BanCorp (NYSE:FBP) reported quarterly earnings of $0.37 per share which beat the analyst consensus estimate of $0.30 by 23.33 percent. This is a 270 percent increase over earnings of $0.10 per share from the same
Earnings Scheduled For October 25, 2021
Companies Reporting Before The Bell
• HNI (NYSE:HNI) is expected to report quarterly earnings at $0.43 per share on revenue of $592.14 million.
First BanCorp: Q2 Earnings Insights
Shares of First BanCorp (NYSE:FBP) remained unaffected after the company reported Q2 results.
Quarterly Results
Earnings per share increased 260.00% over the past year to $0.36, which beat the estimate of $0.26.
First BanCorp Q2 EPS $0.33 Beats $0.26 Estimate
First BanCorp (NYSE:FBP) reported quarterly earnings of $0.33 per share which beat the analyst consensus estimate of $0.26 by 26.92 percent. This is a 230 percent increase over earnings of $0.10 per share from the same
Earnings Scheduled For July 23, 2021
Companies Reporting Before The Bell
• Republic First Bancorp (NASDAQ:FRBK) is estimated to report quarterly earnings at $0.06 per share on revenue of $39.17 million.