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Stock impact report

Earnings Estimates Rising for LCNB (LCNB): Will It Gain? [Yahoo! Finance]

LCNB Corporation (LCNB) 
Last lcnb corporation earnings: 4/20 06:23 pm Check Earnings Report
US:NASDAQ Investor Relations: lcnb.com/investor-relations
Company Research Source: Yahoo! Finance
The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. Analysts' growing optimism on the earnings prospects of this holding company for LCNB National Bank is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For LCNB, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year. Current- Show less Read more
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