First Bancorp (FBP) Q1 Earnings and Revenues Beat Estimates

First Bancorp (FBP) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.79%. A quarter ago, it was expected that this holding company for FirstBank Puerto Rico would post earnings of $0.39 per share when it actually produced earnings of $0.49, delivering a surprise of 25.64%.Over the l ...