First Community Bankshares Inc reports results for the quarter ended in December - Earnings Summary

First Community Bankshares

23/01/2024 22:43

* First Community Bankshares Inc  FCBC.OQ  reported
quarterly
adjusted earnings of 66 cents​​ per share for the quarter ended
in December, lower than the same quarter last year, when the
company reported EPS of 77 cents.  The lone analyst forecast for
the quarter was for earnings of 67 cents per share. 
    * Revenue rose 6.8% to $42.53 million from a year ago;
analysts
expected $41.98 million. 
    * First Community Bankshares Inc's reported EPS for the
quarter
was 66 cents​.
    * The company reported quarterly net income of $11.78
million.
    * First Community Bankshares Inc shares had fallen by 2.4%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 14.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "sell"

Wall Street's median 12-month price target for First Community
Bankshares Inc is $35.00 
This summary was machine generated from LSEG data January 23 at
10:42 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.67           0.66           Missed
 Sep. 30 2023      0.66           0.79           Beat
 Jun. 30 2023      0.71           0.55           Missed
 Mar. 31 2023      0.66           0.72           Beat