First Commonwealth Financial Q1 adjusted earnings Inline With Estimates

(RTTNews) - First Commonwealth Financial (FCF) released a profit for its first quarter that rose from the same period last year.

The company's earnings totaled $23.27 million, or $0.24 per share. This compares with $15.89 million, or $0.18 per share, in last year's first quarter.

Excluding items, First Commonwealth Financial reported adjusted earnings of $23.54 million or $0.24 per share for the period.

Analysts had expected the company to earn $0.24 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

First Commonwealth Financial earnings at a glance:

-Earnings (Q1): $23.54 Mln. vs. $16.29 Mln. last year. -EPS (Q1): $0.24 vs. $0.18 last year. -Analysts Estimate: $0.24