First National Corp reports results for the quarter ended in September 30 - Earnings Summary

• First National Corp FXNC reported quarterly adjusted earnings of 36 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 50 cents. The mean expectation of two analysts for the quarter was for earnings of 36 cents per share. Wall Street expected results to range from 23 cents to 49 cents per share.

• Revenue was $14.95 million​; analysts expected $14.80 million.

• First National Corp's reported EPS for the quarter was 36 cents​.

• The company reported quarterly net income of $2.25 million.

• First National Corp shares had risen by 21.0% this quarter and lost 2.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 26.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for First National Corp is $21.50

This summary was machine generated from LSEG data November 2 at 02:12 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)