First of Long Island Corp reports results for the quarter ended March 31 - Earnings Summary

• First of Long Island Corp FLIC.OQ reported quarterly adjusted earnings of 17 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 20 cents. The lone analyst forecast for the quarter was for earnings of 21 cents per share.

• Revenue rose 2.9% to $21.54 million from a year ago; analysts expected $21.89 million.

• First of Long Island Corp's reported EPS for the quarter was 17 cents​.

• The company reported quarterly net income of $3.76 million.

• First of Long Island Corp shares had fallen by 5.7% this quarter and lost 0.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

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 of Long Island Corp is $15.28

This summary was machine generated from LSEG data April 30 at 11:04 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)