First Guaranty Bancshares Inc reports results for the quarter ended December 31 - Earnings Summary

• First Guaranty Bancshares Inc FGBI.OQ reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 6 cents. The lone analyst forecast for the quarter was for a loss of 80 cents per share.

• Revenue rose 7.3% to $22.58 million from a year ago; analysts expected $23.01 million.

• First Guaranty Bancshares Inc's reported EPS for the quarter was 3 cents​.

• The company reported quarterly net income of $428 thousand.

• First Guaranty Bancshares Inc shares had fallen by 8.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 600% 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the banks peer group is also "hold"

Wall Street's median 12-month price target for First Guaranty Bancshares Inc is $12.75

This summary was machine generated from LSEG data February 5 at 05:05 a.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)