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

LCNB

30/04/2024 17:24

* LCNB Corp  LCNB.OQ  reported quarterly adjusted earnings
of 15
cents​​ per share for the quarter ended in March, lower than the
same quarter last year, when the company reported EPS of 37
cents.  The lone analyst forecast for the quarter was
for earnings of 36 cents per share. 
    * Revenue fell 0.3% to $13.90 million from a year ago;
analysts
expected $16.50 million. 
    * LCNB Corp's reported EPS for the quarter was 15 cents​.
    * The company reported quarterly net income of $1.92
million.
    * LCNB Corp shares had fallen by 3.7% this quarter and
lost 2.7%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 10%
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 April 30 at
04:24 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      0.36           0.15           Missed
 Dec. 31 2023      0.36           0.09           Missed
 Sep. 30 2023      0.40           0.37           Missed
 Jun. 30 2023      0.36           0.42           Beat