First Financial (FFBC) Releases Q4 Earnings Guidance
First Financial (FFBC) issued an update on its fourth quarter earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of $0.26-0.28 for the period, compared to the Thomson Reuters consensus estimate of $0.25.
A number of research firms have also recently commented on FFBC. Analysts at Barclays Capital downgraded shares of First Financial from an equal weight rating to an underweight rating in a research note to investors on Wednesday, January 9th. They now have a $14.00 price target on the stock, down previously from $17.00. Analysts at Zacks upgraded shares of First Financial from an underperform rating to a neutral rating in a research note to investors on Thursday, December 27th. They now have a $14.80 price target on the stock.
One investment analyst has rated the stock with an overweight rating, eight have issued a hold rating, and one has assigned a sell rating to the company’s stock. First Financial presently has a consensus rating of hold and a consensus price target of $16.12.
First Financial (FFBC) traded up 0.54% on Friday, hitting $14.76. First Financial (FFBC) has a 1-year low of $13.87 and a 1-year high of $18.39. The stock’s 50-day moving average is currently $14.51. The company has a market cap of $863.6 million and a price-to-earnings ratio of 12.44.
First Financial last released its earnings data on Thursday, October 25th. The company reported $0.28 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.29 by $0.01. On average, analysts predict that First Financial (FFBC) will post $1.11 earnings per share for the current fiscal year.
First Financial Bancorp (First Financial) is a bank holding company. First Financial engages in the business of commercial banking and other banking and banking-related activities through its wholly owned subsidiary, First Financial Bank, National Association (Bank).
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