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

First Guaranty Bancshares

27/04/2023 02:17

* First Guaranty Bancshares Inc  FGBI.OQ  reported quarterly
adjusted earnings of 27 cents​​ per share for the quarter ended
in March. The mean expectation of three analysts for the quarter
was for earnings of 29 cents per share.
    * Revenue fell 12.5% to $22.30 million from a year ago;
analysts
expected $22.36 million. 
    * First Guaranty Bancshares Inc's reported EPS for the
quarter was
27 cents​.
    * The mean earnings estimate of analysts had fallen by
about 38.4%
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 11.6%
this
quarter and lost 40.9% so far this year.
    * The company reported quarterly net income of $2.89
million.
    * Wall Street's median 12-month price target for First
Guaranty
Bancshares Inc is $16.00 
    * 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
April 27 at 01:17 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.68           0.70           Beat