First Community Q3 EPS $0.23 Misses $0.38 Estimate
Portfolio Pulse from Benzinga Newsdesk
First Community (NASDAQ:FCCO) reported Q3 earnings of $0.23 per share, missing the analyst consensus estimate of $0.38 by 39.47 percent. This represents a 55.77 percent decrease from the same period last year.
October 18, 2023 | 1:05 pm
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NEGATIVE IMPACT
First Community's Q3 earnings missed the analyst consensus estimate by 39.47 percent, a significant decrease from the same period last year.
First Community's earnings miss is a negative signal to the market, which could lead to a decrease in the stock price. The significant year-over-year decrease in earnings further exacerbates this potential negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100