OFG Bancorp (OFG) Lags Q3 Earnings and Revenue Estimates

OFG Bancorp (OFG) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -6.54%. A quarter ago, it was expected that this financial holding company would post earnings of $0.97 per share when it actually produced earnings of $1.08, delivering a surprise of 11.34%. Over the last four quarters, t ...