Will Farmers National (FMNB) Gain on Rising Earnings Estimates?

Core Viewpoint - Farmers National Banc (FMNB) is experiencing solid improvement in earnings estimates, which is likely to continue driving its stock price momentum [1][2] Earnings Estimate Revisions - Analysts have shown growing optimism regarding FMNB's earnings prospects, leading to a rising trend in estimate revisions that should positively impact the stock price [2] - For the current quarter, FMNB is expected to earn $0.41 per share, reflecting a year-over-year increase of +78.3% and a 12.5% increase in consensus estimates over the last 30 days [6] - For the full year, the expected earnings per share is $1.59, indicating a year-over-year change of +24.2%, with a 6.71% increase in consensus estimates due to positive revisions [7][8] Zacks Rank and Performance - FMNB has achieved a Zacks Rank 2 (Buy), indicating strong agreement among analysts in raising earnings estimates, which historically correlates with stock outperformance [9] - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have shown significant outperformance compared to the S&P 500 [9] Stock Performance - The stock has gained 10.3% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects [10]