First Commonwealth Financial Corp expected to post earnings of 35 cents a share - Earnings Preview

First Commonwealth Financial

19/07/2024 22:04

* First Commonwealth Financial Corp  FCF.N   FCF  is
expected
to show a fall in quarterly revenue when it reports  results on
July 23 for the period ending January 1 0001
    * The Indiana Pennsylvania-based  company is expected to
report a
3.2% decrease in revenue to $118.431 million from $122.35
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. (SAL represents Total/Operating
Revenue)
    * ​LSEG's mean analyst estimate for First Commonwealth
Financial
Corp is for earnings of 35 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for First
Commonwealth Financial Corp is $16.00​, below​ its last closing
price of $16.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.36        0.36       0.37      Beat    2.7
 Jan. 1 2024   0.39        0.39       0.44      Beat    12.4
 Sep. 30 2023  0.40        0.40       0.38      Missed  -5​
 Jun. 30 2023  0.41        0.41       0.42      Beat    1.9
 ​​Mar.        0.39        0.39       0.30      Missed  -24
 31 2023                                                
 Dec. 31 2022  0.43        0.43       0.38      Missed  -11.9​
 Jan. 1 0001   0.39        0.38       0.37      Missed  -2.8
 Jun. 30 2022  0.34                   0.33              0.3
 This summary was machine generated July 19 at 21:04 GMT.  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)