Primis Financial Corp expected to post earnings of 28 cents a share - Earnings Preview

Primis Financial

23/01/2024 21:05

* Primis Financial Corp  FRST.OQ   FRST.O  is expected
to show a
fall in quarterly revenue when it reports  results on January 25
for the period ending December 31 2023
    * The Mclean Virginia-based  company is expected to report a
8.6% decrease in revenue to $27.046 million from $29.58 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (SAL represents Net interest Income)
    * ​LSEG's mean analyst estimate for Primis Financial Corp is
for
earnings of 28 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 $12.75​, above​ its last closing price of $12.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.18        0.18       0.32      Beat    77.8
 Jun. 30 2023  0.26        0.25       0.04      Missed  -84
 Mar. 31 2023  0.29        0.29       0.23      Missed  -19.8​
 Dec. 31 2022  0.29        0.29       0.03      Missed  -89.7
 ​​Sep.        0.27        0.27       0.21      Missed  -22.2
 30 2022                                                
 Jun. 30 2022  0.21        0.21       0.24      Beat    14.3​
 Mar. 31 2022  0.22        0.23       0.19      Missed  -15.6
 Dec. 31 2021  0.26        0.26       0.29      Beat    10.1
 This summary was machine generated January 23 at 21:05 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)