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OFG Bancorp Beats Q3 EPS Estimates

Nasdaq +2 ·

OFG
OFG OFG Bancorp
$50.50 -4.63%
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  1. 1OFG Bancorp reported $1.33 in third-quarter earnings per share, exceeding the consensus estimate of $1.25.
  2. 2OFG Bancorp's earnings surprise rate for the third quarter is 6.4%.
  3. 3Management lowered its margin outlook for the second half of the year.

So what's the key point?

OFG Bancorp earned more profit than experts expected. However, management lowered its profit margin outlook for the second half of the year.

Source Nasdaq +2 · View original ↗

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