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

Seacoast Banking of Florida

23/10/2024 05:07

* Seacoast Banking Corporation of Florida  SBCF.OQ 
 SBCF.O  is
expected to show a fall in quarterly revenue when it reports 
results on October 24 for the period ending September 30 2024
    * The Stuart Florida-based  company is expected to report a
5.8% decrease in revenue to $129.203 million from $137.1 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data. (SAL represents Total Revenue)
    * ​LSEG'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 "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"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 $29.00​, above​ its last closing price
of $26.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.34        0.34       0.36      Beat    7.1
 Mar. 31 2024  0.35        0.35       0.37      Beat    6.8
 Jan. 1 0001   0.40        0.40       0.43      Beat    8.1​
 Sep. 30 2023  0.40        0.40       0.46      Beat    15.6
 ​​Jun.        0.51        0.52       0.58      Beat    12.1
 30 2023                                                
 Jan. 1 0001   0.44        0.36       0.36      Met     -0.5​
 Jan. 1 0001   0.15        0.15       0.34      Beat    132.9
 Sep. 30 2022  0.59        0.59       0.47      Missed  -20.3
 This summary was machine generated October 23 at 04:07 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)