South Plains Financial Inc reports results for the quarter ended in December - Earnings Summary

SOUTH PLAINS FINANCIAL

26/01/2023 22:02

* South Plains Financial Inc  SPFI.OQ  reported quarterly
adjusted
earnings of 71 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for earnings of 62 cents per share.
    * Revenue fell 9.9% to $49.00 million from a year ago;
analysts
expected $51.39 million. 
    * South Plains Financial Inc's reported EPS for the quarter
was 71
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * South Plains Financial Inc shares had risen by 0.8% this
quarter.
    * The company reported quarterly net income of $12.62
million.
    * Wall Street's median 12-month price target for South
Plains
Financial Inc is $31.50 
    * 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." 

This summary was machine generated from Refinitiv data January
26 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.62           0.71           Beat
 Sep. 30 2022      0.70           0.86           Beat
 Jun. 30 2022      0.50           0.88           Beat
 Mar. 31 2022      0.53           0.78           Beat