First Community (NASDAQ:FCCO) is gearing up to announce its quarterly earnings on Wednesday, 2024-10-16. Here's a quick overview of what investors should know before the release.
Analysts are estimating that First Community will report an earnings per share (EPS) of $0.44.
Investors in First Community are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Performance in Previous Earnings
During the last quarter, the company reported an EPS beat by $0.06, leading to a 2.01% drop in the share price on the subsequent day.
Here's a look at First Community's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.36 | 0.34 | 0.37 | 0.38 |
| EPS Actual | 0.42 | 0.34 | 0.43 | 0.23 |
| Price Change % | -2.0% | 0.0% | 4.0% | -1.0% |
Stock Performance
Shares of First Community were trading at $21.3 as of October 14. Over the last 52-week period, shares are up 21.35%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for First Community visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
