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

First Guaranty Bancshares

28/07/2022 24:12

* First Guaranty Bancshares Inc  FGBI.OQ  reported quarterly
adjusted earnings of 75 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for earnings of 68 cents per share.
    * Revenue rose 22.7% to $26.31 million from a year ago;
analysts
expected $26.69 million. 
    * First Guaranty Bancshares Inc's reported EPS for the
quarter was
75 cents​.
    * The mean earnings estimate of analysts had risen by
about 10.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * First Guaranty Bancshares Inc shares had risen by 2.1%
this
quarter and gained 21.8% so far this year.
    * The company reported quarterly net income of $7.54
million.
    * Wall Street's median 12-month price target for First
Guaranty
Bancshares Inc is $27.50 
    * 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 July 27
at 11:12 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.68           0.75           Beat
 Mar. 31 2022      0.62           0.65           Beat
 Dec. 31 2021      0.66           0.70           Beat
 Sep. 30 2021      0.52           0.67           Beat