FB Financial Analysts Reduce Their Forecasts After Mixed Q3 Results
FB Financial beat Q3 EPS estimates but missed sales; loan and deposit growth continued. Analysts cut price targets, and shares slipped 0.4%.
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FB Financial (NYSE:FBK) reported quarterly earnings of $1.21 per share which beat the analyst consensus estimate of $1.20 by 0.83 percent. This is a 13.08 percent increase over earnings of $1.07 per share from the same
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FB Financial beat Q3 EPS estimates but missed sales; loan and deposit growth continued. Analysts cut price targets, and shares slipped 0.4%.
Keefe, Bruyette & Woods analyst Catherine Mealor maintains FB Financial (NYSE:FBK) with a Outperform and lowers the price target from $65 to $64.
StoneX analyst Brett Rabatin maintains FB Financial (NYSE:FBK) with a Buy and lowers the price target from $67 to $61.
Cantor Fitzgerald analyst Dave Rochester reiterates FB Financial (NYSE:FBK) with a Overweight and maintains $65 price target.