Seacoast Banking Corporation of Florida expected to post earnings of 49 cents a share - Earnings Preview

Seacoast Banking of Florida

27/10/2021 11:08

* Seacoast Banking Corporation of Florida  SBCF.OQ   SBCF.O  is
expected to show a rise in quarterly revenue when it reports
results on October 28. 
* The Stuart, Florida-based company is expected to report  a
7.7% increase in revenue to $86.644 million from $80.45 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Seacoast Banking
Corporation of Florida is for earnings of 49 cents per share.
For the same quarter last year, the company reported earnings of
42 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 $35.5​, about 5.3% below​ its
last closing price of $37.38. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.52        0.53       0.56      Beat    5.7
 Mar. 31 2021  0.49        0.48       0.60      Beat    26.1
 Dec. 31 2020  0.49        0.48       0.53      Beat    9.8​
 Sep. 30 2020  0.38        0.38       0.42      Beat    10.5
 Jun.          0.34​       0.34       0.47      Beat    39.4​
 30​ 2020​                                              
 Mar. 31 2020  0.34        0.40       0.01      Missed  -97.5​
 Dec. 31 2019  0.50        0.50       0.52      Beat    3.7
 Sep. 30 2019  0.48        0.48       0.49      Beat    1.1
 This summary was machine generated October 27 at 10:07 GMT.  All
figures in US dollars unless otherwise stated