South Plains Financial Inc expected to post earnings of 64 cents a share - Earnings Preview

SOUTH PLAINS FINANCIAL

24/01/2024 13:54

* South Plains Financial Inc  SPFI.OQ   SPFI.O  is expected
to show a fall in quarterly revenue when it reports  results on
January 26 for the period ending December 31 2023
    * The Lubbock Texas-based  company is expected to report a
4.1% decrease in revenue to $47.006 million from $49 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for South Plains Financial
Inc is
for earnings of 64 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 $30.00​, above​ its last closing price
of $27.94. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.62        0.62       0.71      Beat    15.4
 ​​Sep.        0.70        0.70       0.86      Beat    22.9
 30 2022                                                
 Jun. 30 2022  0.49        0.50       0.88      Beat    77.8​
 Mar. 31 2022  0.53        0.53       0.78      Beat    47.2
 Dec. 31 2021  0.68        0.67       0.79      Beat    17.9
 This summary was machine generated January 24 at 13:54 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)