Alert: New Earnings Report (10/17/24)-F.N.B. Corp (NYSE: FNB).

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For its third fiscal quarter (ending September 30), F.N.B. Corp (NYSE: FNB) has reported a -25% decline in E.P.S. from $0.40 a year ago to $0.30 in the current quarter. This result fell short of the consensus estimate of $0.35 by $-0.05. For the latest four quarters through September 30, E.P.S. were $1.10 versus $1.58 for the same period a year ago — a decline of -30%.

Recent Price Action

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On 10/17/24, F.N.B. Corp (NYSE: FNB) stock rose modestly by 0.4%, closing at $14.84. Moreover, exceptionally high trading volume at 232% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 7.5% during the last week.

Current PriceTarget Research Rating

FNB is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

F.N.B. has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. F.N.B. has a slightly positive Power Rating of 63 and a very high Appreciation Score of 89, with the Highest Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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