Examining the Future: First Commonwealth's Earnings Outlook

First Commonwealth FCF is set to give its latest quarterly earnings report on Tuesday, 2024-10-29. Here's what investors need to know before the announcement.

Analysts estimate that First Commonwealth will report an earnings per share (EPS) of $0.36.

First Commonwealth bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Overview of Past Earnings

In the previous earnings release, the company beat EPS by $0.01, leading to a 3.04% increase in the share price the following trading session.

Here's a look at First Commonwealth's past performance and the resulting price change:

Market Performance of First Commonwealth's Stock

Shares of First Commonwealth were trading at $16.62 as of October 25. Over the last 52-week period, shares are up 41.46%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for First Commonwealth visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.