First Commonwealth Financial (FCF) Expected to Announce Earnings on Tuesday

First Commonwealth Financial (NYSE:FCF) is anticipated to post its quarterly earnings results after the market closes on Tuesday, January 28th. Analysts expect First Commonwealth Financial to post earnings of $0.36 per share and revenue of $119,923.25 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

First Commonwealth Financial (NYSE:FCF) last released its quarterly earnings data on Tuesday, October 29th. The bank reported $0.31 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.05). First Commonwealth Financial had a net margin of 21.87% and a return on equity of 11.19%. The business had revenue of $121.21 million for the quarter, compared to analysts’ expectations of $119.47 million. During the same period last year, the company earned $0.39 earnings per share. First Commonwealth Financial’s revenue for the quarter was down 1.1% compared to the same quarter last year. On average, analysts expect First Commonwealth Financial to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

First Commonwealth Financial Stock Performance

NYSE FCF opened at $16.48 on Monday. The firm has a market cap of $1.68 billion, a P/E ratio of 11.14 and a beta of 0.88. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.10. The company’s 50 day moving average is $17.55 and its 200-day moving average is $17.13. First Commonwealth Financial has a 12-month low of $12.41 and a 12-month high of $19.96.

First Commonwealth Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 8th were issued a dividend of $0.13 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $0.52 dividend on an annualized basis and a yield of 3.15%. First Commonwealth Financial’s payout ratio is 35.14%.

Wall Street Analyst Weigh In

FCF has been the subject of several recent research reports. Keefe, Bruyette & Woods lifted their price target on First Commonwealth Financial from $18.00 to $20.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th. Piper Sandler decreased their price target on First Commonwealth Financial from $17.00 to $16.00 and set a “neutral” rating on the stock in a research report on Thursday, October 31st. Finally, StockNews.com upgraded shares of First Commonwealth Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, January 1st. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $17.70.

First Commonwealth Financial Company Profile

First Commonwealth Financial Corporation, a financial holding company, provides various consumer and commercial banking services in the United States. Its consumer services include personal checking accounts, interest-earning checking accounts, savings and health savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, mortgage loans, secured and unsecured installment loans, construction and real estate loans, safe deposit facilities, credit cards, credit lines with overdraft checking protection, IRA accounts, and automated teller machine (atm) services, as well as internet, mobile, and telephone banking services.