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

Farmers National Banc

24/04/2024 14:32

* Farmers National Banc Corp  FMNB.OQ  reported quarterly
adjusted
earnings of 34 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 44 cents.  The mean expectation of four analysts for the
quarter was for earnings of 33 cents per share. Wall Street
expected results to range from 31 cents to 34 cents per share.
    * Revenue fell 14.9% to $40.04 million from a year ago;
analysts
expected $42.29 million. 
    * Farmers National Banc Corp's reported EPS for the quarter
was 30
cents​.
    * The company reported quarterly net income of $11.24
million.
    * Farmers National Banc Corp shares had fallen by 5.5% this
quarter and lost 12.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.4%
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," 3
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Farmers
National
Banc Corp is $14.50 

This summary was machine generated from LSEG data April 24 at
01:31 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
 Mar. 31 2024      0.33           0.34           Beat
 Dec. 31 2023      0.35           0.41           Beat
 Sep. 30 2023      0.38           0.40           Beat
 Jun. 30 2023      0.41           0.41           Met