Group 1: Earnings Performance - Farmers National Banc (FMNB) reported quarterly earnings of $0.39 per share, exceeding the Zacks Consensus Estimate of $0.34 per share, but down from $0.41 per share a year ago, representing an earnings surprise of 14.71% [1] - The company posted revenues of $44.15 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.12%, but down from $44.99 million year-over-year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Group 2: Stock Performance and Outlook - Farmers National shares have declined approximately 3.6% since the beginning of the year, while the S&P 500 has gained 3.2% [3] - The current consensus EPS estimate for the upcoming quarter is $0.34 on revenues of $44.65 million, and for the current fiscal year, it is $1.44 on revenues of $181.5 million [7] - The estimate revisions trend for Farmers National is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Group 3: Industry Context - The Zacks Industry Rank for Banks - Midwest is currently in the top 9% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Farmers National Banc (FMNB) Surpasses Q4 Earnings and Revenue Estimates