First Commonwealth Financial Corp expected to post earnings of 40  cents a share - Earnings Preview

First Commonwealth Financial

20/10/2023 23:36

* First Commonwealth Financial Corp  FCF.N   FCF  is
expected
to show a rise in quarterly revenue when it reports  results on
October 24. 
    * The Indiana Pennsylvania-based  company is expected to
report  a
14.4% increase in revenue to $123.822 million from $108.27
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for First Commonwealth
Financial Corp is for earnings of 40 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 $15.25​, above​ its last closing
price of $12.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.39        0.38       0.37      Missed  -2.8
 ​​Jun.        0.34        0.33       0.33      Met     0.3
 30 2022                                                
 Mar. 31 2022  0.30        0.30       0.29      Missed  -2.3​
 Dec. 31 2021  0.34        0.33       0.37      Beat    11.3
 Sep. 30 2021  0.32        0.32       0.36      Beat    12.9
 This summary was machine generated October 20 at 22:36 GMT.  All
figures in US dollars  unless otherwise stated