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First Bancorp (FBNC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
FBNCFirst Bank(FBNC) Zacks Investment Research·2024-04-25 01:01

First Bancorp (FBNC) reported 92.17millioninrevenueforthequarterendedMarch2024,representingayearoveryeardeclineof13.192.17 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 13.1%. EPS of 0.61 for the same period compares to 0.37ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.37 a year ago.The reported revenue compares to the Zacks Consensus Estimate of 96.12 million, representing a surprise of -4.11%. The company delivered an EPS surprise of -4.69%, with the consensus EPS estimate being $0.64.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...