First Republic Bank's Earnings: A Preview

First Republic Bank FRC is set to give its latest quarterly earnings report on Friday, 2023-01-13. Here's what investors need to know before the announcement.

Analysts estimate that First Republic Bank will report an earnings per share (EPS) of $1.79.

First Republic Bank bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.03, which was followed by a 0.0% drop in the share price the next day.

Here's a look at First Republic Bank's past performance and the resulting price change:

Stock Performance

Shares of First Republic Bank were trading at $127.99 as of January 10. Over the last 52-week period, shares are down 33.35%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for First Republic Bank visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.