Fvcbankcorp Inc Reports Results For The Quarter Ended In September 30: Earnings Summary

FVCBankcorp

23/10/2024 05:16

* FVCBankcorp Inc  FVCB.OQ  reported quarterly adjusted
earnings
of 25 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of 22 cents.  The mean expectation of two analysts
for the quarter was for earnings of 24 cents per share. 
    * Revenue rose 6.6% to $14.21 million from a year ago;
analysts
expected $14.15 million. 
    * FVCBankcorp Inc's reported EPS for the quarter was 25
cents​.
    * The company reported quarterly net income of $4.67
million.
    * FVCBankcorp Inc shares had fallen by 3.0% this quarter and
lost 10.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 1 "strong buy" or "buy," 1
"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 FVCBankcorp Inc
is $13.25 
This summary was machine generated from LSEG data October 23 at
04:16 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      0.24           0.25           Beat
 Jun. 30 2024      0.21           0.23           Beat
 Mar. 31 2024      0.20           0.20           Met
 Dec. 31 2023      0.20           -0.28          Missed