FB Financial Q2 Adj $0.84 Beats $0.76 Estimate, Sales $128.22M Beat $123.54M Estimate
Portfolio Pulse from Benzinga Newsdesk
FB Financial (NYSE:FBK) reported Q2 earnings of $0.84 per share, beating the analyst estimate of $0.76. Sales were $128.22 million, surpassing the $123.54 million estimate. Both earnings and sales showed year-over-year growth.
July 15, 2024 | 8:18 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
FB Financial reported strong Q2 results, with earnings and sales both beating analyst estimates and showing year-over-year growth. This positive performance is likely to boost investor confidence and support the stock price in the short term.
The company's earnings per share of $0.84 exceeded the analyst consensus by 10.53%, and sales of $128.22 million surpassed estimates by 3.79%. Both metrics also showed year-over-year growth, indicating strong performance. This is likely to positively impact the stock price in the short term as it reflects better-than-expected financial health.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100