First Community Q1 EPS $0.34, Inline, Sales $15.26M Beat $14.74M Estimate
Portfolio Pulse from Benzinga Newsdesk
First Community (NASDAQ:FCCO) reported Q1 earnings of $0.34 per share, meeting consensus estimates but marking a 24.44% decrease from last year. Sales were $15.26M, exceeding estimates by 3.53% and showing a 2.20% increase from the previous year.
April 17, 2024 | 1:03 pm
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First Community reported Q1 EPS of $0.34, in line with estimates but down 24.44% YOY. Sales reached $15.26M, surpassing estimates and showing a 2.20% YOY growth.
While FCCO's earnings per share met analyst expectations, the year-over-year decrease could concern investors. However, the sales growth and beating sales estimates might offset negative sentiment, leading to a neutral short-term impact.
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IMPORTANCE 75
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