Earnings Preview: OFG Bancorp
Portfolio Pulse from Benzinga Insights
OFG Bancorp (NYSE:OFG) is set to release its quarterly earnings report on July 20, 2023. Analysts estimate an EPS of $0.88. The company's past performance shows it beat EPS estimates last quarter, leading to a 1.54% increase in share price. The stock is currently trading at $30.35, up 15.15% over the last 52 weeks.
July 19, 2023 | 5:02 pm
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OFG Bancorp is expected to report an EPS of $0.88 in its upcoming earnings. The company's stock price increased by 1.54% after beating EPS estimates last quarter.
OFG Bancorp's stock price has shown to be sensitive to its earnings reports. Given that it beat EPS estimates last quarter and saw a subsequent increase in share price, a similar outcome could be expected if it beats the EPS estimate of $0.88 this quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100