Fvcbankcorp Inc Reports Results For The Quarter Ended In March: Earnings Summary

FVCBankcorp

20/04/2023 21:35

* FVCBankcorp Inc  FVCB.OQ  reported quarterly adjusted
earnings
of 27 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
24 cents per share.
    * Revenue fell 6.9% to $14.01 million from a year ago;
analysts
expected $16.51 million. 
    * FVCBankcorp Inc's reported EPS for the quarter was 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 35.5%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * FVCBankcorp Inc shares had fallen by 6.1% this quarter and
lost 34.5% so far this year.
    * The company reported quarterly net income of $621
thousand.
    * Wall Street's median 12-month price target for FVCBankcorp
Inc
is $14.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 20 at 08:35 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.24           0.27           Beat
 Dec. 31 2022      0.38           0.22           Missed
 Sep. 30 2022      0.38           0.38           Met
 Jun. 30 2022      0.35           0.34           Missed