Earnings Outlook For First BanCorp
Portfolio Pulse from Benzinga Insights
First BanCorp (NYSE:FBP) is set to release its quarterly earnings report on October 20, 2023. Analysts estimate an earnings per share (EPS) of $0.38. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. However, the stock has seen a 10.43% decrease over the last 52-week period.
October 19, 2023 | 2:00 pm
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First BanCorp is expected to announce its Q3 earnings on October 20, 2023. The company has a history of beating EPS estimates, which could potentially lead to a short-term increase in its share price. However, the stock has been on a downward trend over the past year.
First BanCorp's upcoming earnings announcement is highly relevant as it could influence the company's stock price. The company has a history of beating EPS estimates, which has often led to a short-term increase in its share price. However, the stock has been on a downward trend over the past year, which could make investors cautious. Therefore, the score is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100