First Community Corp (FCCO) reported a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's earnings came in at $4.23 million, or $0.55 per share. This compares with $3.3 million, or $0.43 per share, last year.
Analysts on average had expected the company to earn $0.49 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 15.1% to $17.5 million from $15.2 million last year.
First Community Corp earnings at a glance (GAAP) :
-Earnings: $4.23 Mln. vs. $3.3 Mln. last year.
-EPS: $0.55 vs. $0.43 last year.
-Revenue: $17.5 Mln vs. $15.2 Mln last year.
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