Regional Firms Report Mixed Quarterly and Annual Earnings
Tap title to read story
Nashville, Tennessee — FB Financial Corp. reported a first-quarter profit of $57.5 million on Monday, recording earnings of $1.10 per share (adjusted $1.12) and revenue of $251.7 million; its net revenue after interest was $172.3 million, both below the Zacks Investment Research consensus of $1.13 per share.
Westborough, Massachusetts — Kopin Corp. reported a fourth-quarter profit of $6.8 million on Monday, with earnings of $0.04 per share and $8.4 million in revenue; for the year the company reported $2.6 million profit on $39.3 million revenue. The reports were issued via AP and Automated Insights and cite Zacks Investment Research data publicly available.
More context
Timeline
- 1. Automated Insights generated AP-format earnings snapshots using Zacks data.
- 2. FB Financial disclosed Q1 results: $57.5M profit; EPS $1.10; revenue $251.7M.
- 3. Zacks median estimate for FB Financial EPS was $1.13, higher than reported.
- 4. Kopin disclosed Q4 profit $6.8M, EPS $0.04, and Q4 revenue $8.4M.
- 5. Kopin also reported full-year profit $2.6M and annual revenue $39.3M.
Why it matters
If you're an investor, these earnings reports can impact your portfolio. FB Financial's lower-than-expected earnings might affect stock prices. Kopin's modest profit could signal stability. Check your investments and consider if any adjustments are needed.
Sources
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.
