First BanCorp's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
First BanCorp (NYSE:FBP) is set to release its quarterly earnings on October 23, 2024. Analysts expect an EPS of $0.41. Investors are keen on not just an earnings beat but also positive future guidance. Historically, guidance has had a significant impact on stock price movements.
October 22, 2024 | 5:01 pm
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First BanCorp is expected to announce its quarterly earnings with an EPS estimate of $0.41. Investors are looking for not only an earnings beat but also positive guidance, which historically impacts stock price more significantly.
The upcoming earnings release for First BanCorp is crucial as it will reveal whether the company meets or exceeds the EPS estimate of $0.41. However, the guidance provided will likely have a more significant impact on the stock price, as seen in past performance where guidance affected price changes despite EPS beats.
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RELEVANCE 100