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SBCF — Seacoast Banking of Florida News Story

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

* Seacoast Banking Corporation of Florida  SBCF.OQ  reported
quarterly adjusted earnings of 56 cents​​ per share for the
quarter ended in June. The mean expectation of six analysts for
the quarter was for earnings of 53 cents per share.
* Revenue fell 1.4% to $81.12 million from a year ago;  analysts
expected $82.65 million. 
* Seacoast Banking Corporation of Florida's reported EPS for the
quarter was 56 cents​.
* The mean earnings estimate of analysts had risen by
about 12.4% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Seacoast Banking Corporation of Florida shares had fallen
by 6.6% this quarter and gained 8.4% so far this year.
* The company reported quarterly net income of $31.41 million.
* Wall Street's median 12-month price target for Seacoast
Banking Corporation of Florida is $39.50 
* 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." 
This summary was machine generated July 22 at 10:17 p.m.  ​All
figures in US dollars unless otherwise stated

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