OFG Bancorp (NYSE:OFG) reported its Q1 earnings results on Thursday, April 21, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
OFG Bancorp beat estimated earnings by 20.63%, reporting an EPS of $0.76 versus an estimate of $0.63.
Revenue was up $7.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.1 which was followed by a 3.91% drop in the share price the next day.
Here's a look at OFG Bancorp's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.76 | 0.68 | 0.53 | 0.44 |
| EPS Actual | 0.66 | 0.81 | 0.78 | 0.56 |
| Revenue Estimate | 103.76M | 102.80M | 99.70M | 99.55M |
| Revenue Actual | 104.20M | 102.70M | 102.26M | 98.20M |
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.
