First BanCorp. (FBP) Q2 2011 Earnings Results

First Bancorp P R Misses on EPS, Stock Down 11.47%

The earnings report indicates significant challenges for First Bancorp P R, particularly reflected in the negative EPS. The stock's 11.47% decline suggests investor concerns about the company's future performance and the broader economic conditions. Without guidance, uncertainty remains about the company's direction moving forward.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$-1.04	N/A	+56.72%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Defensive

Management expressed concerns about the economic landscape impacting performance. They are prioritizing cost control measures.

Management acknowledged ongoing challenges in the current economic environment.

They emphasized a focus on cost management and operational efficiency.

First Bancorp P R Misses on EPS, Stock Down 11.47%

Key numbers

Management commentary

First BanCorp.

More earnings this week

First Bancorp P R Misses on EPS, Stock Down 11.47%

Key numbers

Management commentary