First Bancshares Inc (Mississippi) reports results for the quarter ended in September 30 - Earnings Summary

First Bancshares (Mississippi)

24/10/2024 04:06

* First Bancshares Inc (Mississippi)  FBMS.N  reported
quarterly
adjusted earnings of 59 cents​​ per share for the quarter ended
September 30, lower than the same quarter last year, when the
company reported EPS of 77 cents.  The mean expectation of
three analysts for the quarter was for earnings of 63 cents per
share. Wall Street expected results to range from 61 cents to 64
cents per share.
    * Revenue fell 2.8% to $59.01 million from a year ago;
analysts
expected $58.52 million. 
    * First Bancshares Inc (Mississippi)'s reported EPS for the
quarter was 59 cents​.
    * The company reported quarterly net income of $18.57
million.
    * First Bancshares Inc (Mississippi) shares had risen
by 0.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 Bancshares
Inc (Mississippi) is $32.50 
This summary was machine generated from LSEG data October 24 at
03:06 a.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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.58           0.59           Beat
 Jun. 30 2024      0.58           0.62           Beat
 Mar. 31 2024      0.59           0.65           Beat
 Dec. 31 2023      0.68           0.35           Missed