First Commonwealth Financial Corp reports results for the quarter ended in December - Earnings Summary

First Commonwealth Financial

24/01/2023 23:41

* First Commonwealth Financial Corp  FCF.N  reported
quarterly
adjusted earnings of 38 cents​​ per share for the quarter ended
in December. The mean expectation of seven analysts for the
quarter was for earnings of 43 cents per share.
    * Revenue rose 16.6% to $112.34 million from a year ago;
analysts
expected $113.40 million. 
    * First Commonwealth Financial Corp's reported EPS for the
quarter
was 38 cents​.
    * The mean earnings estimate of analysts had risen by
about 9% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * First Commonwealth Financial Corp shares had risen by 0.6%
this
quarter.
    * The company reported quarterly net income of $35.73
million.
    * Wall Street's median 12-month price target for First
Commonwealth Financial Corp is $16.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
24 at 11:40 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.43           0.38           Missed
 Sep. 30 2022      0.38           0.37           Missed
 Jun. 30 2022      0.33           0.33           Met
 Mar. 31 2022      0.30           0.29           Missed