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

First Commonwealth Financial

26/07/2023 24:00

* First Commonwealth Financial Corp  FCF.N  reported
quarterly
adjusted earnings of 42 cents​​ per share for the quarter ended
in June. The mean expectation of seven analysts for the quarter
was for earnings of 41 cents per share.
    * Revenue rose 24.6% to $122.35 million from a year ago;
analysts
expected $122.86 million. 
    * First Commonwealth Financial Corp's reported EPS for the
quarter
was 42 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3% in
the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * First Commonwealth Financial Corp shares had risen
by 11.9% this
quarter and gained 1.3% so far this year.
    * The company reported quarterly net income of $42.78
million.
    * Wall Street's median 12-month price target for First
Commonwealth Financial Corp is $14.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
25 at 11:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.41           0.42           Beat
 Mar. 31 2023      0.39           0.30           Missed
 Dec. 31 2022      0.43           0.38           Missed
 Sep. 30 2022      0.38           0.37           Missed