First BanCorp. (FBP) Q2 2009 Earnings Results

First Bancorp P R Misses on EPS — Stock Down 16.4%

This earnings report indicates significant challenges for First Bancorp P R, particularly reflected in the negative EPS. The stock dropped 16.4% in reaction to the disappointing results, highlighting investor concerns about the company's financial health and future performance amidst a tough economic backdrop.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$-1.03	N/A	-342.06%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Defensive

Overall, management acknowledged the difficulties faced in the current market. They focused on the need for strategic adjustments moving forward.

Management expressed concerns about the current economic environment impacting performance.

They highlighted challenges in maintaining profitability during this quarter.

First Bancorp P R Misses on EPS — Stock Down 16.4%

Key numbers

Management commentary

First BanCorp.

More earnings this week

First Bancorp P R Misses on EPS — Stock Down 16.4%

Key numbers

Management commentary