First National Q3 Adj $0.39 Beats $0.36 Estimate, Sales $14.95M Beat $14.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
First National (NASDAQ:FXNC) reported Q3 earnings of $0.39 per share, beating the $0.36 estimate, but down 22% from last year. Sales were $14.95M, surpassing the $14.80M estimate and up 8.85% from last year.
November 01, 2024 | 8:01 pm
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First National's Q3 earnings per share of $0.39 exceeded expectations but were down 22% from last year. Sales increased by 8.85% to $14.95M, also beating estimates.
The earnings per share beat the analyst estimate, which is positive for the stock. However, the decrease from last year's earnings may concern some investors. The sales increase and beat of estimates is a positive indicator of growth.
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