First National Corp reports results for the quarter ended in September 30 - Earnings Summary

First National

02/11/2024 02:12

* First National Corp  FXNC.OQ  reported quarterly adjusted
earnings of 36 cents​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 50 cents.  The mean expectation of two analysts
for the quarter was for earnings of 36 cents per share. Wall
Street expected results to range from 23 cents to 49 cents per
share.
    * Revenue was $14.95 million​; analysts expected $14.80
million. 
    * First National Corp's reported EPS for the quarter was 36
cents​.
    * The company reported quarterly net income of $2.25
million.
    * First National Corp shares had risen by 21.0% this
quarter and
lost 2.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 26.5%
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
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
 "buy."

Wall Street's median 12-month price target for First National
Corp is $21.50 
This summary was machine generated from LSEG data November 2 at
02:12 a.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
 Sep. 30 2024      0.36           0.36           Met
 Jun. 30 2024      0.44           0.39           Missed
 Mar. 31 2024      0.43           0.51           Beat
 Dec. 31 2023      0.48           -0.14          Missed