U.S. markets open in 7 hours 36 minutes
  • S&P Futures

    3,886.50
    +19.00 (+0.49%)
     
  • Dow Futures

    31,504.00
    +146.00 (+0.47%)
     
  • Nasdaq Futures

    13,153.25
    +98.00 (+0.75%)
     
  • Russell 2000 Futures

    2,255.60
    +26.50 (+1.19%)
     
  • Crude Oil

    60.14
    +0.39 (+0.65%)
     
  • Gold

    1,731.00
    -2.60 (-0.15%)
     
  • Silver

    26.74
    -0.14 (-0.54%)
     
  • EUR/USD

    1.2092
    +0.0004 (+0.04%)
     
  • 10-Yr Bond

    1.4150
    0.0000 (0.00%)
     
  • Vix

    24.10
    +0.75 (+3.21%)
     
  • GBP/USD

    1.3955
    -0.0002 (-0.01%)
     
  • USD/JPY

    106.8710
    +0.1610 (+0.15%)
     
  • BTC-USD

    49,541.77
    +658.89 (+1.35%)
     
  • CMC Crypto 200

    994.93
    +6.83 (+0.69%)
     
  • FTSE 100

    6,613.75
    +25.22 (+0.38%)
     
  • Nikkei 225

    29,559.10
    +150.93 (+0.51%)
     

First Republic Bank's Earnings: A Preview

  • Oops!
    Something went wrong.
    Please try again later.
Benzinga Insights
·1 min read
  • Oops!
    Something went wrong.
    Please try again later.

On Tuesday, October 13, First Republic Bank (NYSE: FRC) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Earnings and Revenue

Based on management's projections, First Republic Bank analysts model for earnings of $1.39 per share on sales of $955.96 million. First Republic Bank reported a profit of $1.31 per share when it published results during the same quarter last year. Sales in that period totaled $837.19 million. The Wall Street consensus estimate for earnings would represent a 6.11% increase for the company. Sales would be up 14.19% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

EPS Estimate

1.17

1.02

1.27

1.21

EPS Actual

1.40

1.20

1.39

1.31

Revenue Estimate

912.52 M

873.29 M

857.80 M

829.97 M

Revenue Actual

918.98 M

916.18 M

877.46 M

837.19 M

Stock Performance

Shares of First Republic Bank were trading at $123.58 as of October 09. Over the last 52-week period, shares are up 19.99%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

View more earnings on FRC

Do not be surprised to see the stock move on comments made during its conference call. First Republic Bank is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://globalmeet.webcasts.com/starthere.jsp?ei=1374793&tp_key=88320a7b69

See more from Benzinga

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.