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

Seacoast Banking of Florida

28/10/2022 02:51

* Seacoast Banking Corporation of Florida  SBCF.OQ  reported
quarterly adjusted earnings of 47 cents​​ per share for the
quarter ended in September. The mean expectation of six analysts
for the quarter was for earnings of 59 cents per share.
    * Revenue rose 15.5% to $104.39 million from a year ago;
analysts
expected $104.85 million. 
    * Seacoast Banking Corporation of Florida's reported EPS for
the
quarter was 47 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Seacoast Banking Corporation of Florida shares had fallen
by 0.4% this quarter and lost 14.9% so far this year.
    * The company reported quarterly net income of $29.24
million.
    * Wall Street's median 12-month price target for Seacoast
Banking
Corporation of Florida is $38.50 
    * 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 October
28 at 01:51 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.59           0.47           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