First Commonwealth Financial Earnings: What Investors Should Watch
First Commonwealth Financial (NYSE:FCF) will report earnings before markets open on Wednesday, July 24th. First Commonwealth Financial Corporation is a bank holding company. The Company, through its subsidiaries, provides general banking business and offers a range of financial services including traditional retail banking services, such as savings, time deposits, mortgage, consumer installment, and commercial loans.
Here is your Cheat Sheet to First Commonwealth Financial Earnings:
Earnings Expectations: Analysts expect earnings of $0.12 per share on revenues of $61.35 million. Currently, the company’s P/E ratio stands at 19.45.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.13 to a profit $0.12. For the current year, the average estimate is a profit of $0.47, which is worse than the estimate ninety days ago.
Here’s how First Commonwealth Financial has been performing on an annual basis:
|Revenue ($) in millions||370||313||318||289||285|
|Diluted EPS ($)||0.58||-0.23||0.25||0.15||0.40|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||70.81||71.74||67.97||66.65|
|Diluted EPS ($)||0.12||0.09||0.09||0.11|
First Commonwealth Financial has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)