First Commonwealth Financial Earnings: What Investors Should Watch

First Commonwealth Financial (NYSE:FCF) will report earnings before markets open on Wednesday, July 24th. First Commonwealth Financial Corporation is a bank holding company. The Company, through its subsidiaries, provides general banking business and offers a range of financial services including traditional retail banking services, such as savings, time deposits, mortgage, consumer installment, and commercial loans.

Here is your Cheat Sheet to First Commonwealth Financial Earnings:

Earnings Expectations: Analysts expect earnings of $0.12 per share on revenues of $61.35 million. Currently, the company’s P/E ratio stands at 19.45.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.13 to a profit $0.12. For the current year, the average estimate is a profit of $0.47, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how First Commonwealth Financial has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 370 313 318 289 285
Diluted EPS ($) 0.58 -0.23 0.25 0.15 0.40

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 70.81 71.74 67.97 66.65
Diluted EPS ($) 0.12 0.09 0.09 0.11

Past Performance:
First Commonwealth Financial has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]