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

Seacoast Banking of Florida

27/07/2022 03:01

* Seacoast Banking Corporation of Florida  SBCF.OQ 
 SBCF.O  is
expected to show a rise in quarterly revenue when it reports 
results on July 28. 
    * The Stuart Florida-based  company is expected to report  a
20.2% increase in revenue to $97.5 million from $81.12 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 53 cents per share.
For the same quarter last year, the company reported earnings of
56 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 $38​, above​ its last closing price
of $34.26. ​​​
    * 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 2022  0.41        0.42       0.33      Missed  -21.1
 Dec. 31 2022  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
 ​​Mar.        0.49        0.48       0.60      Beat    26.1
 31 2021                                                
 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
 This summary was machine generated July 27 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated