First Community (FCCO) Scheduled to Post Quarterly Earnings on Wednesday

First Community (NASDAQ:FCCO) will be issuing its quarterly earnings data before the market opens on Wednesday, October 16th. Analysts expect the company to announce earnings of $0.39 per share for the quarter.

First Community (NASDAQ:FCCO) last released its quarterly earnings results on Wednesday, July 17th. The bank reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.05. The company had revenue of $25.57 million during the quarter, compared to analysts’ expectations of $15.42 million. First Community had a return on equity of 8.33% and a net margin of 11.60%. During the same period in the previous year, the firm posted $0.43 earnings per share. On average, analysts expect First Community to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Community Trading Down 0.3 %

First Community stock opened at $21.30 on Tuesday. The stock has a 50-day moving average price of $21.28 and a 200 day moving average price of $18.83. First Community has a 52 week low of $15.40 and a 52 week high of $23.30. The stock has a market cap of $162.50 million, a PE ratio of 14.90 and a beta of 0.41. The company has a current ratio of 0.78, a quick ratio of 0.77 and a debt-to-equity ratio of 0.48.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of First Community from a “sell” rating to a “hold” rating in a report on Monday, July 1st.

About First Community

First Community Corporation operates as the bank holding company for First Community Bank that provides various commercial and retail banking products and services to small-to-medium sized businesses, professionals, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments.