Primis Financial (FRST) Misses Q3 Earnings Estimates by 12.5%

Primis Financial (FRST) reported Q3 earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.32 per share. The company's revenue of $41 million surpassed the Zacks Consensus Estimate by 5.13%, but shares have lost 15.4% YTD. The sustainability of the stock's price movement will depend on management's commentary on the earnings call. The Zacks Rank for FRST is #4 (Sell), indicating expected underperformance in the near future.