First Commonwealth Financial Q2 Earnings Climb 68%

(RTTNews) - First Commonwealth Financial (FCF) announced a profit for its second quarter that advanced from last year.

The company said its bottom line totaled $20.43 million, or $0.21 per share. This was higher than $12.16 million, or $0.14 per share, in last year's second quarter.

Analysts had expected the company to earn $0.19 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 17.8% to $77.89 million. This was up from $66.10 million last year.

First Commonwealth Financial earnings at a glance:

-Earnings (Q2): $20.43 Mln. vs. $12.16 Mln. last year. -Earnings Growth (Y-o-Y): 68.0% -EPS (Q2): $0.21 vs. $0.14 last year. -EPS Growth (Y-o-Y): 50.0% -Analysts Estimate: $0.19 -Revenue (Q2): $77.89 Mln vs. $66.10 Mln last year. -Revenue Change (Y-o-Y): 17.8%