Recap: OFG Bancorp Q3 Earnings

OFG Bancorp OFG reported its Q3 earnings results on Thursday, October 20, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

OFG Bancorp beat estimated earnings by 2.35%, reporting an EPS of $0.87 versus an estimate of $0.85.

Revenue was up $23.80 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1 which was followed by a 1.01% drop in the share price the next day.

Here's a look at OFG Bancorp's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.74 0.63 0.76 0.68
EPS Actual 0.84 0.76 0.66 0.81
Revenue Estimate 111.55M 109.09M 103.76M 102.80M
Revenue Actual 115.10M 105.20M 104.20M 102.70M

To track all earnings releases for OFG Bancorp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

OFG Logo
OFGOFG Bancorp
$41.040.71%

Stock Score Locked: Edge Members Only

Benzinga Rankings give you vital metrics on any stock – anytime.

Unlock Rankings
Edge Rankings
Momentum
57.90
Growth
80.96
Quality
35.21
Value
Not Available
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Comments
Loading...