Company Overview - First Community (FCCO) is anticipated to report a year-over-year increase in earnings due to higher revenues for the quarter ended September 2024, with a consensus outlook indicating a significant earnings picture [1] - The upcoming earnings report is expected to be released on October 16, and the stock may experience upward movement if key numbers exceed expectations, while a miss could lead to a decline [2] Earnings Estimates - The Zacks Consensus Estimate predicts quarterly earnings of $0.45 per share for First Community, reflecting a year-over-year increase of +95.7% [3] - Revenues are projected to be $16.65 million, representing a 19.2% increase from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has been revised 4.3% higher in the last 30 days, indicating a positive reassessment by analysts [4] - The Most Accurate Estimate for First Community is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.12%, suggesting a bullish outlook on earnings prospects [10] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8] - First Community currently holds a Zacks Rank of 2, which enhances the likelihood of beating the consensus EPS estimate [10] Historical Performance - In the last reported quarter, First Community exceeded the expected earnings of $0.37 per share by delivering $0.42, resulting in a surprise of +13.51% [11] - Over the past four quarters, the company has beaten consensus EPS estimates two times [12] Industry Comparison - Hancock Whitney (HWC), another player in the Zacks Banks - Southeast industry, is expected to report earnings per share of $1.31 for the same quarter, indicating a year-over-year change of +17% [16] - Hancock Whitney's consensus EPS estimate has been revised 1.5% lower in the last 30 days, leading to an Earnings ESP of -0.38%, making it challenging to predict a beat on the consensus EPS estimate [17]

Company Overview - First Community (FCCO) is headquartered in Lexington and has experienced a price change of 1.07% this year [3] - The company currently pays a dividend of $0.15 per share, resulting in a dividend yield of 2.76%, which is higher than the Banks - Southeast industry's yield of 2.52% and the S&P 500's yield of 1.57% [3] Dividend Performance - The current annualized dividend of $0.60 represents a 7.1% increase from the previous year [4] - Over the past five years, First Community has increased its dividend three times year-over-year, with an average annual increase of 5.36% [4] - The company's current payout ratio is 39%, indicating that it paid out 39% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for First Community's earnings per share for 2024 is $1.67, reflecting a year-over-year growth rate of 7.74% [5] Investment Appeal - First Community is viewed as an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 2 (Buy) [7]

Group 1: Roche Holding AG (RHHBY) - Roche Holding AG is a pharmaceuticals and diagnostics company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 8.4% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 15.47, compared to 22.40 for the industry, and possesses a Value Score of B [1] Group 2: Southside Bancshares, Inc. (SBSI) - Southside Bancshares, Inc. is a bank holding company for Southside Bank with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 9.6% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 10.94, compared to 22.76 for the S&P, and possesses a Value Score of B [2] Group 3: First Community Corporation (FCCO) - First Community Corporation is a bank holding company for First Community Bank with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 8.4% over the last 60 days [3] - The company has a price-to-earnings ratio (P/E) of 12.52, compared to 12.70 for the industry, and possesses a Value Score of B [3]

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures ...

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that ...

After reaching an important support level, First Community Corporation (FCCO) could be a good stock pick from a technical perspective. FCCO recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average. Over the past four weeks, FCCO has gained 35.1%. The company currently sits at a #1 (Strong Buy) on the Zacks Rank, also indicating that the stock could be poised for a breakout. the near future. Considered an important signifier ...

Core Viewpoint - First Community (FCCO) is experiencing solid improvement in earnings estimates, which may lead to continued short-term price momentum for the stock [1][2]. Earnings Estimates - The rising trend in earnings estimate revisions reflects growing analyst optimism regarding First Community Bank's earnings prospects, which is expected to positively impact the stock price [2]. - For the current quarter, First Community is projected to earn $0.44 per share, representing a significant increase of +91.3% compared to the same quarter last year [4]. - Over the past 30 days, the Zacks Consensus Estimate for First Community has risen by 9.09%, with two estimates moving higher and no negative revisions [4]. - For the full year, the earnings estimate stands at $1.67 per share, indicating a change of +7.74% from the previous year [5]. - The consensus estimate for the current year has increased by 8.44%, with two estimates moving higher and no negative revisions [5]. Zacks Rank - First Community has achieved a Zacks Rank 1 (Strong Buy), indicating strong agreement among analysts in revising earnings estimates upward [7]. - The Zacks Rank system has a proven track record, with Zacks 1 Ranked stocks generating an average annual return of +25% since 2008 [3]. Investment Outlook - The positive estimate revisions have led to a 27.5% increase in First Community's stock price over the past four weeks, suggesting potential for further upside [8].

| --- | --- | --- | |-------|-------|-------------------------------------------------------------------| | | | News Release For Release July 17, 2024 9:00 A.M. | | | | | | | | Contact: (803) 951- 2265 | | | | D. Shawn Jordan, EVP & Chief Financial Officer or | | | | Robin D. Brown, EVP & Chief Marketing Officer | | --- | --- | |-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

First Community (FCCO) reported $16.34 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 7.5%. EPS of $0.42 for the same period compares to $0.43 a year ago. Here is how First Community performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Interest Margin (taxable equivalent): 2.9% versus 2.8% estimated by two analysts on average. Efficiency Ratio: 72.8% versus the two-analyst average estima ...

First Community (FCCO) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates two times. First Community, which belongs to the Zacks Banks - Southeast industry, posted revenues of $16.34 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate b ...