FB Financial Corporation reports results for the quarter ended September 30 — Earnings Summary

FB Financial Corporation reported quarterly adjusted earnings of $1.21​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.07. The mean expectation of eight analysts for the quarter was for earnings of $1.20 per share. Wall Street expected results to range from $1.17 to $1.23 per share. Revenue rose 0.4% to $174.49 million from a year ago; analysts expected $181.49 million. FB Financial Corporation's reported EPS for the quarter was $1.20​. The company reported quarterly net income of $60.2 million. FB Financial Corporation shares had risen by 2.4% this quarter and lost 5.1% so far this year. Forecast Changes The mean earnings estimate of analysts had risen by about 0.5% in the last three months.​ In the last 30 days, there have been no negative revisions of earnings estimates Recommendations The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy" Wall Street's median 12-month price target for FB Financial Corporation is $64.50,