Core Viewpoint - First United Corporation (FUNC) reported quarterly earnings of $0.95 per share, exceeding the Zacks Consensus Estimate of $0.86 per share, and showing an increase from $0.82 per share a year ago, indicating a positive earnings surprise of 10.47% [1][2] Financial Performance - The company achieved revenues of $20.62 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.65%, and up from $18.99 million year-over-year [2] - Over the last four quarters, First United has consistently surpassed consensus EPS estimates four times and topped revenue estimates two times [2] Stock Performance and Outlook - First United shares have declined approximately 2.5% since the beginning of the year, contrasting with the S&P 500's gain of 2.7% [3] - The company's earnings outlook is mixed, with the current consensus EPS estimate for the upcoming quarter at $0.75 on revenues of $20.32 million, and for the current fiscal year at $3.30 on revenues of $85.13 million [7] Industry Context - The Zacks Industry Rank for Banks - Northeast, to which First United belongs, is currently in the top 7% of over 250 Zacks industries, suggesting a favorable industry outlook [8]
First United Corporation (FUNC) Surpasses Q4 Earnings and Revenue Estimates