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

First Commonwealth Financial

25/04/2023 14:32

* First Commonwealth Financial Corp  FCF.N  reported
quarterly
adjusted earnings of 30 cents​​ per share for the quarter ended
in March. The mean expectation of seven analysts for the quarter
was for earnings of 39 cents per share.
    * Revenue rose 27.3% to $117.32 million from a year ago;
analysts
expected $123.97 million. 
    * First Commonwealth Financial Corp's reported EPS for the
quarter
was 30 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.1%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * First Commonwealth Financial Corp shares had fallen
by 4.6% this
quarter and lost 15.1% so far this year.
    * The company reported quarterly net income of $30.22
million.
    * Wall Street's median 12-month price target for First
Commonwealth Financial Corp is $15.50 
    * The current average analyst rating on the shares is "buy"
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 LSEG Refinitiv data
April 25 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.39           0.30           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