First Guaranty Bancshares Inc expected to post earnings of 9 cents a share - Earnings Preview

First Guaranty Bancshares

26/01/2024 21:56

* First Guaranty Bancshares Inc  FGBI.OQ   FGBI.O  is
expected
to show a fall in quarterly revenue when it reports  results on
January 29 (estimated) for the period ending December 31 2023
    * The Hammond Louisiana-based  company is expected to report
a
12.7% decrease in revenue to $20.395 million from $23.36 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data. (Sales/Revenue Majority Basis is on NII)
    * ​LSEG's mean analyst estimate for First Guaranty
Bancshares Inc
is for earnings of 9 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for First
Guaranty
Bancshares Inc is $10.75​, below​ its last closing price
of $12.65. ​​​

This summary was machine generated January 26 at 21:56 GMT.  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)