Seacoast Banking Corporation of Florida expected to post earnings of 53 cents a share - Earnings Preview

Seacoast Banking of Florida

20/07/2021 21:21

* Seacoast Banking Corporation of Florida  SBCF.OQ   SBCF.O  is
expected to show a rise in quarterly revenue when it reports
results on July 22. 
* The Stuart, Florida-based company is expected to report   a
0.5% increase in revenue to $82.65 million from $82.28 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Seacoast Banking
Corporation of Florida is for earnings of 53 cents per share.
For the same quarter last year, the company reported earnings of
47 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 $39.5​, about 22.4% above​ its
last closing price of $30.67. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  0.34        0.34       0.47      Beat    39.4
 Mar.          0.34​       0.40       0.01      Missed  -97.5​
 31​ 2020​                                              
 Dec. 31 2019  0.50        0.50       0.52      Beat    3.7​
 Sep. 30 2019  0.48        0.48       0.49      Beat    1.1
 Jun. 30 2019  0.47        0.47       0.45      Missed  -4.6
 This summary was machine generated July 20 at 20:21 GMT.  All
figures in US dollars unless otherwise stated