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

First Guaranty Bancshares

09/08/2023 21:37

* First Guaranty Bancshares Inc  FGBI.OQ  reported quarterly
adjusted earnings of 19 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for earnings of 28 cents per share.
    * Revenue fell 20.5% to $20.91 million from a year ago;
analysts
expected $23.15 million. 
    * First Guaranty Bancshares Inc's reported EPS for the
quarter was
19 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.7%
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 5.1%
this
quarter and lost 49.6% so far this year.
    * The company reported quarterly net income of $2.09
million.
    * Wall Street's median 12-month price target for First
Guaranty
Bancshares Inc is $13.00 
    * 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 LSEG Refinitiv data
August 9 at 08:36 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.28           0.19           Missed
 Mar. 31 2023      0.29           0.27           Missed
 Dec. 31 2022      0.54           0.42           Missed
 Sep. 30 2022      0.71           0.70           Missed