FB Financial Corp reports results for the quarter ended in June - Earnings Summary

FB Financial

17/07/2023 22:01

* FB Financial Corp  FBK.N  reported quarterly adjusted
earnings
of 75 cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 65 cents per share.
    * Revenue fell 7.4% to $125.36 million from a year ago;
analysts
expected $127.66 million. 
    * FB Financial Corp's reported EPS for the quarter was 75
cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.8%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * FB Financial Corp shares had risen by 2.9% this
quarter and
lost 20.1% so far this year.
    * The company reported quarterly net income of $35.3
million.
    * Wall Street's median 12-month price target for FB
Financial Corp
is $32.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
17 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.65           0.75           Beat
 Mar. 31 2023      0.72           0.78           Beat
 Dec. 31 2022      0.79           0.81           Beat
 Sep. 30 2022      0.78           0.68           Missed