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

Primis Financial

27/10/2022 23:32

* Primis Financial Corp  FRST.OQ  reported quarterly
adjusted
earnings of 21 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was
for earnings of 27 cents per share.
    * Revenue rose 18.3% to $27.45 million from a year ago;
analysts
expected $26.00 million. 
    * Primis Financial Corp's reported EPS for the quarter was
20
cents​.
    * The mean earnings estimate of analysts had risen by
about 8% 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 risen by 4.0% this
quarter and
lost 16.1% so far this year.
    * The company reported quarterly net income of $5.05
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 October
27 at 10:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.27           0.21           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