South Plains Financial Inc expected to post earnings of 73 cents a share - Earnings Preview

SOUTH PLAINS FINANCIAL

22/10/2021 23:50

* South Plains Financial Inc  SPFI.OQ   SPFI.O  is expected
to show a fall in quarterly revenue when it reports results on
October 26. 
* The Lubbock, Texas-based company is expected to report  a
14.9% decrease in revenue to $53.562 million from $62.93 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for South Plains Financial
Inc is for earnings of 73 cents per share. For the same quarter
last year, the company reported earnings of 92 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "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 $29.25​, about 14.6% above​ its last closing
price of $24.98. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.65        0.66       0.74      Beat    13
 Mar. 31 2021  0.69        0.69       0.82      Beat    19.7
 Dec. 31 2020  0.75        0.75       0.87      Beat    16.8​
 Sep. 30 2020  0.49        0.49       0.92      Beat    89.7
 Jun.          0.25​       0.26       0.31      Beat    21.6​
 30​ 2020​                                              
 Mar. 31 2020  0.37        0.38       0.38      Met     1.3​
 Dec. 31 2019  0.44        0.44       0.55      Beat    25
 Sep. 30 2019  0.35        0.35       0.45      Beat    28.6
 This summary was machine generated October 22 at 22:49 GMT.  All
figures in US dollars unless otherwise stated