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

First Community (South Carolina)

17/07/2024 15:16

* First Community Corp (South Carolina)  FCCO.OQ  reported
quarterly adjusted earnings of 42 cents​​ per share for the
quarter ended in June, lower than the same quarter last year,
when the company reported EPS of 43 cents.  The mean expectation
of three analysts for the quarter was for earnings of 36 cents
per share. Wall Street expected results to range from 34 cents
to 38 cents per share.
    * Revenue rose 9.3% to $16.61 million from a year ago;
analysts
expected $15.52 million. 
    * First Community Corp (South Carolina)'s reported EPS for
the
quarter was 42 cents​.
    * The company reported quarterly net income of $3.27
million.
    * First Community Corp (South Carolina) shares had risen
by 13.7%
this quarter and lost 8.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.3%
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 "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for First Community
Corp (South Carolina) is $21.00 
This summary was machine generated from LSEG data July 17 at
02:16 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
 Jun. 30 2024      0.36           0.42           Beat
 Mar. 31 2024      0.34           0.34           Met
 Dec. 31 2023      0.37           0.43           Beat
 Sep. 30 2023      0.38           0.23           Missed