First Community Q3 2024 GAAP EPS $0.50 Beats $0.44 Estimate, Sales $16.982M Beat $16.652M Estimate
Portfolio Pulse from Benzinga Newsdesk
First Community (NASDAQ:FCCO) reported strong Q3 2024 results, with EPS of $0.50 beating estimates by 13.64% and sales of $16.982M surpassing expectations by 1.98%. This marks significant growth compared to the same period last year.
October 16, 2024 | 1:04 pm
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First Community's Q3 2024 earnings per share of $0.50 exceeded analyst expectations by 13.64%, and sales of $16.982M also beat estimates. The company showed significant growth compared to the previous year, with EPS increasing by 117.39% and sales by 21.59%.
The strong earnings and sales performance, significantly exceeding both analyst estimates and last year's figures, is likely to positively impact FCCO's stock price in the short term. The substantial year-over-year growth in both EPS and sales indicates robust business performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100