First Community Corp (South Carolina) reports results for the quarter ended in December - Earnings Summary

First Community (South Carolina)

24/01/2024 15:46

* First Community Corp (South Carolina)  FCCO.OQ  reported
quarterly adjusted earnings of 43 cents​​ per share for the
quarter ended in December, lower than the same quarter last
year, when the company reported EPS of 53 cents.  The mean
expectation of four analysts for the quarter was for earnings of
37 cents per share. Wall Street expected results to range from
36 cents to 38 cents per share.
    * Revenue fell 4.1% to $15.23 million from a year ago;
analysts
expected $15.07 million. 
    * First Community Corp (South Carolina)'s reported EPS for
the
quarter was 43 cents​.
    * The company reported quarterly net income of $3.3 million.
    * First Community Corp (South Carolina) shares had fallen
by 14.3%
this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.1%
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 "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for First Community
Corp (South Carolina) is $20.00 
This summary was machine generated from LSEG data January 24 at
03:46 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      0.37           0.43           Beat
 Sep. 30 2023      0.38           0.23           Missed
 Jun. 30 2023      0.39           0.43           Beat
 Mar. 31 2023      0.49           0.45           Missed