Will FB Financial's Strong Earnings Streak Continue?

Will FB Financial (FBK) Beat Estimates Again in Its Next Earnings Report?

FB Financial (FBK) is set to release its next earnings report on April 26. The company has a history of beating estimates, and investors are eager to see if this trend continues. Let's take a closer look at the company's recent performance and what analysts are expecting.

FB Financial has been a consistent performer in recent quarters, with a streak of beating earnings estimates that dates back to 2018. The company's latest earnings report, released in January, saw FB Financial report a surprise earnings beat of 14.3%. This was the company's seventh consecutive earnings beat.

For its next earnings report, analysts are expecting FB Financial to report earnings per share (EPS) of $0.44, according to Zacks' consensus estimate. This represents a 5.6% increase from the same period last year. Revenue is expected to come in at $143.4 million, a 4.5% increase from the same period last year.

FB Financial's strong performance has been driven by its growing banking operations. The company has been expanding its footprint in the southeastern United States, and its acquisition of Heritage Bank in 2020 has helped to drive growth. Additionally, FB Financial has been focused on improving its digital banking capabilities, which has helped to attract new customers and increase customer engagement.

While there are always risks and uncertainties surrounding any earnings report, FB Financial's history of beating estimates and its strong performance in recent quarters suggest that the company is well-positioned to continue its streak. As investors await the company's next earnings report, they will be watching closely to see if FB Financial can once again exceed expectations.

With its strong track record and growing banking operations, FB Financial is a company that investors should be keeping an eye on. Will the company be able to beat estimates again in its next earnings report? We'll have to wait and see, but one thing is certain: FB Financial is a company that is worth watching.