First Bank (NASDAQ: FRBA) has announced that it will be unveiling its third quarter financial results on Wednesday 23rd October 2024. This eagerly anticipated announcement is scheduled to occur after market close, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.
According to the forecasts of financial experts on Wall Street, the business is expected to reveal an anticipated $0.40 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $31.55 million.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $125.42 million. At the same time, the earnings per share for the company are also anticipated to reach profit of $1.74 during the fiscal year.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $0.42. This figure was attributed to the company's total revenue, which reached an impressive $28.79 million during that same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.47 | +30.6% | 31.23 M | +34.3% |
| Q1 2024 | $0.49 | +28.9% | 32.28 M | +35.9% |
| Q4 2023 | $0.49 | +2.1% | 28.00 M | +11.1% |
| Q3 2023 | $0.42 | -19.2% | 28.79 M | +12.9% |
| Q2 2023 | $0.36 | -20.0% | 23.26 M | -4.6% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 24th October 2024 at 09:00 AM eastern time, in a conference call with public.
First Bank (FRBA) closed Monday's regular trading session at $14.87, demonstrating a 3.38 percent drop. The stock fluctuated between $14.84 and $15.49 during the day, with a volume of 24.40 thousand shares.
