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

• 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)