South Plains Financial Inc expected to post earnings of 62  cents a share - Earnings Preview

SOUTH PLAINS FINANCIAL

22/07/2023 03:02

* South Plains Financial Inc  SPFI.OQ   SPFI.O  is expected
to show a fall in quarterly revenue when it reports  results on
July 25. 
    * The Lubbock Texas-based  company is expected to report  a
17.1% decrease in revenue to $46.363 million from $55.94 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for South Plains
Financial
Inc is for earnings of 62 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 $28​, above​ its last closing price of $25.28.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.55        0.57       0.53      Missed  -6.5
 Dec. 31 2023  0.62        0.62       0.71      Beat    15.4
 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.        0.53        0.53       0.78      Beat    47.2
 31 2022                                                
 Dec. 31 2021  0.68        0.67       0.79      Beat    17.9​
 Sep. 30 2021  0.72        0.73       0.82      Beat    13.1
 Jun. 30 2021  0.65        0.66       0.74      Beat    13
 This summary was machine generated July 22 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated