FB Financial Corp surges as Q2 profit beats estimate

FB Financial

17/07/2023 22:49

** Shares of FB Financial Corp  FBK.N  jump 14.1% to $34.45
after market
    ** Co posts Q2 adj. earnings per share of 77 cents, compared
with analysts' avg. estimate of 61 cents, according to Refinitiv
    ** Revenue drops 7.4% to $125.4 million from a year earlier,
compared with analysts' estimate $127.7 million
    ** Six of eight brokerages rate the stock "hold", one "buy"
and one "sell"; their median PT is $32
    ** Stock flat YTD, as of last close
    

 (Reporting by Savyata Mishra in Bengaluru)
 ((Savyata.Mishra@thomsonreuters.com))