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FBNCBearishEarningsnews
Materiality pending

First Bancorp (FBNC) Misses Q1 Earnings and Revenue Estimates

Apr 24, 2024, 6:24 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- First Bancorp reported Q1 earnings of $0.61 per share, missing estimates. Revenue at $92.17 million. - Stock has lost 7.8% YTD, underperforming S&P 500. - Stock's immediate movement depends on earnings outlook and commentary. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • First Bancorp reported Q1 earnings of $0.61 per share, missing estimates. Revenue at $92.17 million.
  • Stock has lost 7.8% YTD, underperforming S&P 500.
  • Stock's immediate movement depends on earnings outlook and commentary.

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