First Commonwealth Financial Corp expected to post earnings of 36 cents a share - Earnings Preview

First Commonwealth Financial

19/04/2024 14:25

* First Commonwealth Financial Corp  FCF.N   FCF  is
expected
to show a rise in quarterly revenue when it reports  results on
April 23 for the period ending March 31 2024
    * The Indiana Pennsylvania-based  company is expected to
report a
2.2% increase in revenue to $119.932 million from $117.32
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for First Commonwealth
Financial
Corp is for earnings of 36 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​, above​ its last closing
price of $12.79. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  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. 31 2023  0.39        0.39       0.30      Missed  -24
 ​​Dec.        0.43        0.43       0.38      Missed  -11.9
 31 2022                                                
 Sep. 30 2022  0.39        0.38       0.37      Missed  -2.8​
 Jun. 30 2022  0.34        0.33       0.33      Met     0.3
 Mar. 31 2022  0.30        0.30       0.29      Missed  -2.3
 This summary was machine generated April 19 at 13:25 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)