First Financial Bankshares Inc reports results for the quarter ended in March - Earnings Summary

First Financial Bankshares

20/04/2023 21:39

* First Financial Bankshares Inc  FFIN.OQ  reported
quarterly
adjusted earnings of 37 cents​​ per share for the quarter ended
in March. The mean expectation of six analysts for the quarter
was for earnings of 39 cents per share.
    * Revenue fell 4.6% to $124.29 million from a year ago;
analysts
expected $131.06 million. 
    * First Financial Bankshares Inc's reported EPS for the
quarter
was 37 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.1%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * First Financial Bankshares Inc shares had fallen by 4.6%
this
quarter and lost 11.5% so far this year.
    * The company reported quarterly net income of $52.57
million.
    * Wall Street's median 12-month price target for First
Financial
Bankshares Inc is $34.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 20 at 08:39 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.39           0.37           Missed
 Dec. 31 2022      0.41           0.41           Met
 Sep. 30 2022      0.41           0.41           Met
 Jun. 30 2022      0.40           0.42           Beat