First Commonwealth Financial Corp expected to post earnings of 39 cents a share - Earnings Preview

First Commonwealth Financial

26/01/2024 22:39

* First Commonwealth Financial Corp  FCF.N   FCF  is
expected
to show a rise in quarterly revenue when it reports  results on
January 30 for the period ending December 31 2023
    * The Indiana Pennsylvania-based  company is expected to
report a
10.0% increase in revenue to $123.591 million from $112.34
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. (Revenue Represents
Total/Operating Revenue)
    * ​LSEG's mean analyst estimate for First Commonwealth
Financial
Corp is for earnings of 39 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 $16.25​, above​ its last closing
price of $14.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.43        0.43       0.38      Missed  -11.9
 ​​Sep.        0.39        0.38       0.37      Missed  -2.8
 30 2022                                                
 Jun. 30 2022  0.34        0.33       0.33      Met     0.3​
 Mar. 31 2022  0.30        0.30       0.29      Missed  -2.3
 Dec. 31 2021  0.34        0.33       0.37      Beat    11.3
 This summary was machine generated January 26 at 22:39 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)