Lcnb Corp Reports Results For The Quarter Ended In June: Earnings Summary

LCNB

26/07/2024 14:31

* LCNB Corp  LCNB.OQ  reported quarterly adjusted earnings
of 7
cents​​ per share for the quarter ended in June, lower than the
same quarter last year, when the company reported EPS of 42
cents.  The lone analyst forecast for the quarter was
for earnings of 18 cents per share. 
    * Revenue rose 7.3% to $15.22 million from a year ago;
analysts
expected $17.20 million. 
    * LCNB Corp's reported EPS for the quarter was 7 cents​.
    * The company reported quarterly net income of $925
thousand.
    * LCNB Corp shares had risen by 11.6% this quarter and
lost 1.5%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 48.6%
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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for LCNB Corp is
$15.00 
This summary was machine generated from LSEG data July 26 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
 Jun. 30 2024      0.18           0.07           Missed
 Mar. 31 2024      0.36           0.15           Missed
 Dec. 31 2023      0.36           0.09           Missed
 Sep. 30 2023      0.40           0.37           Missed