Primis Financial Corp reports results for the quarter ended December 31 - Earnings Summary

Primis Financial

28/01/2025 23:22

* Primis Financial Corp  FRST.OQ  reported a quarterly
adjusted
loss of 65 cents​​ per share for the quarter ended December 31,
lower than the same quarter last year, when the company reported
EPS of 35 cents.  The lone analyst forecast for the quarter was
for earnings of 11 cents per share. 
    * Revenue fell 13.6% to $26.14 million from a year ago;
analysts
expected $24.78 million. 
    * Primis Financial Corp's reported EPS for the quarter was a
loss
of 59 cents​.
    * The company reported a quarterly loss of $14.67 million.
    * Primis Financial Corp shares had fallen by 0.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "strong buy"

Wall Street's median 12-month price target for Primis Financial
Corp is $15.63 
This summary was machine generated from LSEG data January 28 at
11:22 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.11           -0.65          Missed
 Sep. 30 2024      0.43           0.08           Missed
 Jun. 30 2024      0.39           0.32           Missed
 Mar. 31 2024      0.34           0.26           Missed