Primis Finl Q2 EPS $(0.01) Misses $0.25 Estimate, Sales $34.64M Beat $26.82M Estimate
Portfolio Pulse from sunil@benzinga.com
Primis Finl (NASDAQ:FRST) reported Q2 earnings per share of $(0.01), missing the analyst consensus estimate of $0.25 by 104%. This is a 105% decrease from the same period last year. However, the company's quarterly sales of $34.64 million beat the analyst consensus estimate of $26.82 million by 29.17%, a 27.20% increase from the same period last year.
July 27, 2023 | 9:42 pm
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Primis Finl's Q2 earnings per share missed estimates significantly, but sales exceeded expectations.
Primis Finl's earnings per share fell significantly short of analyst estimates, which could negatively impact investor sentiment and the stock price. However, the company's sales exceeded estimates, which could offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100