First Guaranty Bancshares Inc reports results for the quarter ended in December - Earnings Summary

First Guaranty Bancshares

31/01/2023 23:31

* First Guaranty Bancshares Inc  FGBI.OQ  reported quarterly
adjusted earnings of 42 cents​​ per share for the quarter ended
in December. The mean expectation of three analysts for the
quarter was for earnings of 54 cents per share.
    * Revenue fell 5.6% to $23.36 million from a year ago;
analysts
expected $26.24 million. 
    * First Guaranty Bancshares Inc's reported EPS for the
quarter was
42 cents​.
    * The mean earnings estimate of analysts had fallen by
about 16.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * First Guaranty Bancshares Inc shares had fallen by 6.8%
this
quarter.
    * The company reported quarterly net income of $4.54
million.
    * Wall Street's median 12-month price target for First
Guaranty
Bancshares Inc is $25.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
31 at 11:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.54           0.42           Missed
 Sep. 30 2022      0.71           0.70           Missed
 Jun. 30 2022      0.68           0.70           Beat
 Mar. 31 2022      0.62           0.65           Beat