Seacoast Banking Corporation of Florida expected to post earnings of 52  cents a share - Earnings Preview

Seacoast Banking of Florida

26/07/2023 02:11

* Seacoast Banking Corporation of Florida  SBCF.OQ 
 SBCF.O  is
expected to show a rise in quarterly revenue when it reports 
results on July 27. 
    * The Stuart Florida-based  company is expected to report  a
56.8% increase in revenue to $154.598 million from $98.61
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 52 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 $26​, above​ its last closing price
of $25.92. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.44        0.36       0.36      Met     -0.5
 Dec. 31 2023  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.        0.41        0.42       0.33      Missed  -21.1
 31 2022                                                
 Dec. 31 2021  0.52        0.52       0.62      Beat    18.9​
 Sep. 30 2021  0.48        0.49       0.40      Missed  -18.2
 Jun. 30 2021  0.52        0.53       0.56      Beat    5.7
 This summary was machine generated July 26 at 01:11 GMT.  All
figures in US dollars  unless otherwise stated