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

Primis Financial

29/04/2022 01:01

* Primis Financial Corp  FRST.OQ  reported quarterly
adjusted
earnings of 19 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 23 cents per share.
    * Revenue fell 8.4% to $22.85 million from a year ago; 
analysts
expected $23.47 million. 
    * Primis Financial Corp's reported EPS for the quarter was
19
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Primis Financial Corp shares had fallen by 2.4% this
quarter and
lost 9.2% so far this year.
    * The company reported quarterly net income of $4.59
million.
    * Wall Street's median 12-month price target for Primis
Financial
Corp is $18.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 29 at 12:01 a.m.  ​All
figures in US dollars unless otherwise stated