First Community Q4 EPS $0.43 Beats $0.37 Estimate
Portfolio Pulse from Benzinga Newsdesk
First Community Corporation (NASDAQ:FCCO) reported Q4 earnings of $0.43 per share, surpassing the consensus estimate of $0.37 by 16.22%. However, this represents an 18.87% decrease from the $0.53 per share earned in the same quarter of the previous year.
January 24, 2024 | 2:01 pm
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NEUTRAL IMPACT
First Community Corporation exceeded Q4 earnings estimates but showed a decline from the previous year's same quarter earnings.
While the earnings beat may be viewed positively, the year-over-year decline could temper investor enthusiasm, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100