Primis Financial Corp expected to post earnings of 25  cents a share - Earnings Preview

Primis Financial

26/07/2023 03:02

* Primis Financial Corp  FRST.OQ   FRST.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 27. 
    * The Mclean Virginia-based  company is expected to report 
a
1.5% decrease in revenue to $26.823 million from $27.24 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Primis Financial
Corp is
for earnings of 25 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "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 Primis
Financial
Corp is $11​, above​ its last closing price of $9.42. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.29        0.29       0.23      Missed  -19.8
 Dec. 31 2023  0.29        0.29       0.03      Missed  -89.7
 Sep. 30 2022  0.27        0.27       0.21      Missed  -22.2​
 Jun. 30 2022  0.21        0.21       0.24      Beat    14.3
 ​​Mar.        0.22        0.23       0.19      Missed  -15.6
 31 2022                                                
 Dec. 31 2021  0.26        0.26       0.29      Beat    10.1​
 Sep. 30 2021  0.22        0.22       0.16      Missed  -28.4
 Jun. 30 2021  0.26        0.26       0.42      Beat    61.5
 This summary was machine generated July 26 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated