• Fri. Oct 7th, 2022

OFG Bancorp: Q2 Earnings Insights

ByBenzinga Insights

Jul 21, 2022
OFG Bancorp: Q2 Earnings Insights

 

OFG Bancorp OFG reported its Q2 earnings results on Thursday, July 21, 2022 at 08:00 AM.

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

Earnings

OFG Bancorp beat estimated earnings by 13.51%, reporting an EPS of $0.84 versus an estimate of $0.74.

Revenue was up $12.84 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 1.06% drop in the share price the next day.

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

 








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.63 0.76 0.68 0.53
EPS Actual 0.76 0.66 0.81 0.78
Revenue Estimate 109.09M 103.76M 102.80M 99.70M
Revenue Actual 105.20M 104.20M 102.70M 102.26M

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.



Image and article originally from www.benzinga.com. Read the original article here.