Farmers National Banc Corp reports results for the quarter ended in December - Earnings Summary

Farmers National Banc

24/01/2024 14:04

* Farmers National Banc Corp  FMNB.OQ  reported quarterly
adjusted
earnings of 41 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 42 cents.  The mean expectation of
three analysts for the quarter was for earnings of 35 cents per
share. Wall Street expected results to range from 34 cents to 36
cents per share.
    * Revenue rose 19.6% to $44.99 million from a year ago;
analysts
expected $43.65 million. 
    * Farmers National Banc Corp's reported EPS for the quarter
was 39
cents​.
    * The company reported quarterly net income of $14.58
million.
    * Farmers National Banc Corp shares had fallen by 5.5% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for Farmers National
Banc Corp is $13.00 
This summary was machine generated from LSEG data January 24 at
02:03 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.35           0.41           Beat
 Sep. 30 2023      0.38           0.40           Beat
 Jun. 30 2023      0.41           0.41           Met
 Mar. 31 2023      0.37           0.44           Beat