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

First Community (South Carolina)

17/04/2024 14:31

* First Community Corp (South Carolina)  FCCO.OQ  reported
quarterly adjusted earnings of 34 cents​​ per share for the
quarter ended in March, lower than the same quarter last year,
when the company reported EPS of 45 cents.  The mean expectation
of four analysts for the quarter was for earnings of 34 cents
per share. Wall Street expected results to range from 32 cents
to 35 cents per share.
    * Revenue rose 2.2% to $15.26 million from a year ago;
analysts
expected $14.74 million. 
    * First Community Corp (South Carolina)'s reported EPS for
the
quarter was 34 cents​.
    * The company reported quarterly net income of $2.6 million.
    * First Community Corp (South Carolina) shares had fallen
by 9.4%
this quarter and lost 26.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.2%
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," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
 "hold."

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 April 17 at
01:31 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
 Mar. 31 2024      0.34           0.34           Met
 Dec. 31 2023      0.37           0.43           Beat
 Sep. 30 2023      0.38           0.23           Missed
 Jun. 30 2023      0.39           0.43           Beat