First BanCorp (NYSE:FBP) reported its Q1 earnings results on Thursday, April 28, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
First BanCorp beat estimated earnings by 28.12%, reporting an EPS of $0.41 versus an estimate of $0.32.
Revenue was up $9.36 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 4.24% drop in the share price the next day.
Here's a look at First BanCorp's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.32 | 0.30 | 0.26 | 0.24 |
| EPS Actual | 0.36 | 0.37 | 0.36 | 0.31 |
| Revenue Estimate | 183.96M | 179.85M | 178.69M | 179.48M |
| Revenue Actual | 184.14M | 184.74M | 184.78M | 176.26M |
To track all earnings releases for First BanCorp visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
