South Plains Financial Inc expected to post earnings of 57 cents a share - Earnings Preview

SOUTH PLAINS FINANCIAL

24/04/2024 01:06

* South Plains Financial Inc  SPFI.OQ   SPFI.O  is expected
to show a rise in quarterly revenue when it reports  results on
April 25 for the period ending March 31 2024
    * The Lubbock Texas-based  company is expected to report a
1.0% increase in revenue to $45.472 million from $45.01 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for South Plains Financial
Inc is
for earnings of 57 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for South
Plains
Financial Inc is $33.00​, above​ its last closing price
of $26.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.64        0.64       0.61      Missed  -4.3
 Sep. 30 2023  0.64        0.64       0.78      Beat    22.4
 Jun. 30 2023  0.62        0.62       1.71      Beat    178​
 Mar. 31 2023  0.55        0.57       0.53      Missed  -6.5
 ​​Dec.        0.62        0.62       0.71      Beat    15.4
 31 2022                                                
 Sep. 30 2022  0.70        0.70       0.86      Beat    22.9​
 Jun. 30 2022  0.49        0.50       0.88      Beat    77.8
 Mar. 31 2022  0.53        0.53       0.78      Beat    47.2
 This summary was machine generated April 24 at 00:06 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)