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

First Commonwealth Financial

25/10/2023 16:17

* First Commonwealth Financial Corp  FCF.N  reported
quarterly
adjusted earnings of 38 cents​​ per share for the quarter ended
in September. The mean expectation of seven analysts for the
quarter was for earnings of 40 cents per share.
    * Revenue rose 13.2% to $122.58 million from a year ago;
analysts
expected $123.82 million. 
    * First Commonwealth Financial Corp's reported EPS for the
quarter
was 38 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.1%
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 fallen
by 2.6% this
quarter and lost 14.9% so far this year.
    * The company reported quarterly net income of $39.23
million.
    * Wall Street's median 12-month price target for First
Commonwealth Financial Corp is $15.25 
    * 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
October 25 at 03:16 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.40           0.38           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