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

Seacoast Banking of Florida

28/07/2022 22:02

* Seacoast Banking Corporation of Florida  SBCF.OQ  reported
quarterly adjusted earnings of 53 cents​​ per share for the
quarter ended in June. The mean expectation of seven analysts
for the quarter was for earnings of 53 cents per share.
    * Revenue rose 21.6% to $98.61 million from a year ago;
analysts
expected $97.50 million. 
    * Seacoast Banking Corporation of Florida's reported EPS for
the
quarter was 53 cents​.
    * The mean earnings estimate of analysts had risen by
about 4.9%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Seacoast Banking Corporation of Florida shares had risen
by 6.7%
this quarter and lost 0.3% so far this year.
    * The company reported quarterly net income of $32.76
million.
    * Wall Street's median 12-month price target for Seacoast
Banking
Corporation of Florida is $38.00 
    * 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." 

This summary was machine generated from Refinitiv data July 28
at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.53           0.53           Met
 Mar. 31 2022      0.42           0.33           Missed
 Dec. 31 2021      0.52           0.62           Beat
 Sep. 30 2021      0.49           0.40           Missed