Preview: First Bancshares's Earnings
Portfolio Pulse from Benzinga Insights
First Bancshares (NASDAQ:FBMS) is set to release its quarterly earnings report on October 25, 2023. Analysts estimate an earnings per share (EPS) of $0.79. The company's past performance shows it beat EPS estimates last quarter, resulting in a 0.17% increase in share price. However, the stock has been down 19.76% over the last 52-week period.
October 24, 2023 | 8:01 pm
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First Bancshares is expected to report an EPS of $0.79 in its upcoming earnings. Despite beating EPS estimates last quarter, the stock has been down 19.76% over the last 52-week period.
The upcoming earnings report is a significant event for First Bancshares. While the company beat EPS estimates last quarter, the overall negative trend in the stock price indicates investor sentiment may be bearish. The impact of the earnings report will depend on whether the company meets or exceeds the EPS estimate and the guidance it provides for future growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100