Farmers National Banc Corp reports results for the quarter ended in September 30 - Earnings Summary

Farmers National Banc

23/10/2024 14:34

* Farmers National Banc Corp  FMNB.OQ  reported quarterly
adjusted
earnings of 23 cents​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 40 cents.  The mean expectation of two analysts
for the quarter was for earnings of 35 cents per share. Wall
Street expected results to range from 34 cents to 35 cents per
share.
    * Revenue rose 1.4% to $44.22 million from a year ago;
analysts
expected $44.00 million. 
    * Farmers National Banc Corp's reported EPS for the quarter
was 23
cents​.
    * The company reported quarterly net income of $8.54
million.
    * Farmers National Banc Corp shares had fallen by 1.3% this
quarter and gained 3.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 6.7%
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 "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
 "hold."

Wall Street's median 12-month price target for Farmers National
Banc Corp is 17.50 
This summary was machine generated from LSEG data October 23 at
01:34 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
 Sep. 30 2024      0.35           0.23           Missed
 Jun. 30 2024      0.33           0.33           Met
 Mar. 31 2024      0.33           0.34           Beat
 Dec. 31 2023      0.35           0.41           Beat