First United Corp reports results for the quarter ended March 31 - Earnings Summary

Reuters
21 Apr
First United Corp reports results for the quarter ended March 31 - Earnings Summary
  • First United Corp FUNC.OQ reported quarterly adjusted earnings of 89 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 56 cents. The lone analyst forecast for the quarter was for earnings of 80 cents per share.

  • Revenue rose 26.5% to $20.84 million from a year ago; analysts expected $20.63 million.

  • First United Corp's reported EPS for the quarter was 89 cents​.

  • The company reported quarterly net income of $5.81 million.

  • First United Corp shares had fallen by 6.7% this quarter and lost 16.9% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 6.7% in the last three months.​

  • In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

  • Wall Street's median 12-month price target for First United Corp is $42.00

This summary was machine generated from LSEG data April 21 at 01:37 p.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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Mar. 31 2025

0.80

0.89

Beat

Dec. 31 2024

0.86

0.95

Beat

Sep. 30 2024

0.79

0.89

Beat

Jun. 30 2024

0.66

0.75

Beat

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