Seacoast Banking Corporation of Florida reports results for the quarter ended in December - Earnings Summary

Seacoast Banking of Florida

27/01/2023 24:26

* Seacoast Banking Corporation of Florida  SBCF.OQ  reported
quarterly adjusted earnings of 34 cents​​ per share for the
quarter ended in December. The mean expectation of five analysts
for the quarter was for earnings of 15 cents per share.
    * Revenue rose 51% to $137.36 million from a year ago;
analysts
expected $134.68 million. 
    * Seacoast Banking Corporation of Florida's reported EPS for
the
quarter was 34 cents​.
    * The mean earnings estimate of analysts had fallen by
about 26.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Seacoast Banking Corporation of Florida shares had risen
by 0.7%
this quarter.
    * The company reported quarterly net income of $23.93
million.
    * Wall Street's median 12-month price target for Seacoast
Banking
Corporation of Florida is $37.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
27 at 12:26 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.15           0.34           Beat
 Sep. 30 2022      0.59           0.47           Missed
 Jun. 30 2022      0.53           0.53           Met
 Mar. 31 2022      0.42           0.33           Missed