First Community Corp. (FCCO) Tops Q3 Estimates With 85-Cent EPS, $36 Million Revenue
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First Community Corp. (FCCO) reported third-quarter net income of $8 million, with earnings of 85 cents per share that beat Wall Street expectations, the Lexington, South Carolina-based bank announced Wednesday. Adjusted for merger and acquisition costs, earnings came to 86 cents per share, topping the average estimate of 80 cents from three analysts surveyed by Zacks Investment Research. The holding company for First Community Bank posted revenue of $36 million, with revenue net of interest expense at $26.2 million, also exceeding the $25.9 million forecast by three Zacks analysts.
ByTicklex Editorial