Primis Financial (FRST) Q3 Earnings and Revenues Lag Estimates

Primis Financial reported quarterly earnings of $0.35 per share, missing the consensus estimate of $0.45 and representing a -22.22% earnings surprise. The company also missed revenue expectations. With unfavorable estimate revisions, Primis Financial received a Zacks Rank #4 (Sell) rating and is expected to underperform the market. The Financial - Miscellaneous Services industry ranks in the bottom 31% of Zacks industries.