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

Seacoast Banking of Florida

29/04/2022 24:13

* Seacoast Banking Corporation of Florida  SBCF.OQ  reported
quarterly adjusted earnings of 33 cents​​ per share for the
quarter ended in March. The mean expectation of seven analysts
for the quarter was for earnings of 42 cents per share.
    * Revenue rose 9% to $91.90 million from a year ago; 
analysts
expected $91.87 million. 
    * Seacoast Banking Corporation of Florida's reported EPS for
the
quarter was 33 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.2%
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 5.7% this quarter and lost 6.6% so far this year.
    * The company reported quarterly net income of $20.59
million.
    * Wall Street's median 12-month price target for Seacoast
Banking
Corporation of Florida is $39.00 
    * 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 April 28 at 11:13 p.m.  ​All
figures in US dollars unless otherwise stated