First Community Corporation ($FCCO) Q3 Profit Outsmarts Market Expectation

17

Shareholders were provided with a glimpse of First Community Corporation’s (NASDAQ: FCCO) performance in the third quarter as the company disclosed its earnings today before the regular market hours.

The outcomes have captured the attention of the market, just because the profits in addition to the revenues outshined wall street projections.

 Prominent metrics and vital knowledge

  • The financial analysis for the recent quarter indicates that the company achieved income of $0.5 per share, paralleled by total revenues of $16.98 million during the same three-month span.
  • The findings surpassed the wall street forecasted $0.44 profit per share with the revenue of $16.65 million.
  • The topline advanced 21.59 percent, on the other hand the bottomline advanced 117.39 percent in contrast to the same quarter of last year.
  • First Community (FCCO) closed Tuesday’s regular trading session at $21.37, demonstrating a 0.33 percent gain. The stock fluctuated between $21.30 and $21.84 during the day, with a volume of 17.90 thousand shares.

 

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Q3 2024 $0.50 +117.4% 16.98 M +21.6%
Historical Earnings Insight
Q2 2024 $0.42 -2.3% 16.34 M +7.6%
Q1 2024 $0.34 -24.4% 15.26 M +2.2%
Q4 2023 $0.43 -18.9% 15.23 M -4.1%
Q3 2023 $0.23 -55.8% 13.97 M -9.7%
Q2 2023 $0.43 +4.9% 15.19 M +8.0%
*Growth on year-over-year basis