Mark your calendars for Monday 21st October 2024, as LCNB Corp (NASDAQ: LCNB) is set to unveil its third quarter financial results. This highly anticipated announcement will be made after market close, giving investors and market participants a chance to assess the company's financial performance.
In accordance with the forecasts of financial specialists on Wall Street, the establishment is primed to announce an anticipated $0.27 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $15.4 million for this particular period.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.4. This notable figure was attributed to the company's total revenue, which settled at an impressive $17.15 million during that specific quarter.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $60.1 million for the full year. Moreover, they anticipate the earnings per share to reach profit of $0.76 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.29 | -35.6% | 19.30 M | +8.3% |
| Q1 2024 | $0.20 | -45.9% | 17.80 M | +1.6% |
| Q4 2023 | $0.34 | -40.4% | 19.27 M | -2.9% |
| Q3 2023 | $0.40 | -18.4% | 17.15 M | -9.9% |
| Q2 2023 | $0.45 | -8.2% | 17.82 M | -4.7% |
| *Growth on year-over-year basis | ||||
LCNB Corp (LCNB) shares traded as low as $15.21 and as high as $15.50 on a day volume of 9.80 thousand shares, closed Thursday's regular trading session at $15.49, a gain of 1.04 percent.