Seacoast Banking Corporation of Florida expected to post earnings of 36  cents a share - Earnings Preview

Seacoast Banking of Florida

26/04/2023 24:19

* Seacoast Banking Corporation of Florida  SBCF.OQ 
 SBCF.O  is
expected to show a rise in quarterly revenue when it reports 
results on April 27. 
    * The Stuart Florida-based  company is expected to report  a
70.1% increase in revenue to $156.289 million from $91.9 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Seacoast Banking
Corporation of Florida is for earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Seacoast
Banking
Corporation of Florida is $32.5​, above​ its last closing price
of $21.22. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.15        0.15       0.34      Beat    132.9
 Sep. 30 2022  0.59        0.59       0.47      Missed  -20.3
 Jun. 30 2022  0.55        0.53       0.53      Met     -0.9​
 Mar. 31 2022  0.41        0.42       0.33      Missed  -21.1
 ​​Dec.        0.52        0.52       0.62      Beat    18.9
 31 2021                                                
 Sep. 30 2021  0.48        0.49       0.40      Missed  -18.2​
 Jun. 30 2021  0.52        0.53       0.56      Beat    5.7
 Mar. 31 2021  0.49        0.48       0.60      Beat    26.1
 This summary was machine generated April 25 at 23:19 GMT.  All
figures in US dollars  unless otherwise stated