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First National Corp. (FXNC) Q3 Earnings Lag Estimates
First National First National (US:FXNC) ZACKSยท2024-11-01 22:10

Group 1 - First National Corp. reported quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.49 per share, and down from $0.50 per share a year ago, representing an earnings surprise of -20.41% [1] - The company posted revenues of $14.95 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 3.83%, and up from $13.74 million year-over-year [2] - Over the last four quarters, First National has surpassed consensus revenue estimates four times and EPS estimates two times [2] Group 2 - The stock has underperformed, losing about 2.6% since the beginning of the year, compared to the S&P 500's gain of 19.6% [3] - The current consensus EPS estimate for the coming quarter is $0.49 on revenues of $14.5 million, and for the current fiscal year, it is $1.88 on revenues of $57.9 million [7] - The Zacks Industry Rank for Banks - Southeast is currently in the top 39% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]