Primis Financial Corp reports results for the quarter ended in June - Earnings Summary

Primis Financial

29/07/2022 01:21

* Primis Financial Corp  FRST.OQ  reported quarterly
adjusted
earnings of 24 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 21
cents per share.
    * Revenue rose 24.9% to $27.24 million from a year ago;
analysts
expected $24.00 million. 
    * Primis Financial Corp's reported EPS for the quarter was
20
cents​.
    * The mean earnings estimate of analysts had fallen by
about 14.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Primis Financial Corp shares had fallen by 2.4% this
quarter and
lost 11.6% so far this year.
    * The company reported quarterly net income of $5 million.
    * Wall Street's median 12-month price target for Primis
Financial
Corp is $17.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 29
at 12:20 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.21           0.24           Beat
 Mar. 31 2022      0.23           0.19           Missed
 Dec. 31 2021      0.26           0.29           Beat
 Sep. 30 2021      0.22           0.16           Missed