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Financial | Money Center Banks | USA
First Republic Bank (FRC) Q2 Earnings and Revenues Miss Estimates
First Republic Bank (FRC) came out with quarterly earnings of $1.24 per share, missing the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.20 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -1.59%. A quarter ago, it was expected that this San Francisco bank would post earnings of $1.22 per share when it actually produced earnings of $1.26, delivering a surprise of 3.28%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
First Republic Bank, which belongs to the Zacks Banks - West industry, posted revenues of $819.38 million for the quarter ended June 2019, missing the Zacks Consensus Estimate by 2.02%. This compares to year-ago revenues of $744.11 million.
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https://finance.yahoo.com/news/first-rep...01961.html
![[Bild: FRCc1dl0638.png]](https://finviz.com/publish/071719/FRCc1dl0638.png)
First Republic Bank (FRC) Q2 Earnings and Revenues Miss Estimates
First Republic Bank (FRC) came out with quarterly earnings of $1.24 per share, missing the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.20 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -1.59%. A quarter ago, it was expected that this San Francisco bank would post earnings of $1.22 per share when it actually produced earnings of $1.26, delivering a surprise of 3.28%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
First Republic Bank, which belongs to the Zacks Banks - West industry, posted revenues of $819.38 million for the quarter ended June 2019, missing the Zacks Consensus Estimate by 2.02%. This compares to year-ago revenues of $744.11 million.
....
https://finance.yahoo.com/news/first-rep...01961.html
