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Market Impact: 0.4

First Guaranty Bancshares (FGBI) Q4 Earnings Surpass Estimates

FGBIP
Corporate EarningsBanking & LiquidityCompany FundamentalsAnalyst Estimates

First Guaranty Bancshares reported quarterly EPS of $0.28 versus the Zacks consensus loss of $0.29, a positive surprise of $0.57 and a swing from an expected loss to a positive print. This compares with EPS of $0.03 a year ago (up $0.25), a result that should be supportive for the shares and likely to move the stock in the 1–3% range on the earnings beat.

Analysis

First Guaranty Bancshares reported quarterly EPS of $0.28 versus the Zacks consensus loss of $0.29, a positive surprise of $0.57 and a swing from an expected loss to a positive print. This compares with EPS of $0.03 a year ago (up $0.25), a result that should be supportive for the shares and likely to move the stock in the 1–3% range on the earnings beat.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.60

Ticker Sentiment

FGBIP0.60