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

SOUTH PLAINS FINANCIAL

22/07/2022 14:31

* South Plains Financial Inc  SPFI.OQ  reported quarterly
adjusted
earnings of 88 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 50 cents per share.
    * Revenue rose 7.9% to $55.94 million from a year ago;
analysts
expected $48.76 million. 
    * South Plains Financial Inc's reported EPS for the quarter
was 88
cents​.
    * The mean earnings estimate of analysts had fallen by
about 15.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * South Plains Financial Inc shares had fallen by 1.1% this
quarter and lost 14.1% so far this year.
    * The company reported quarterly net income of $15.94
million.
    * Wall Street's median 12-month price target for South
Plains
Financial Inc is $29.00 
    * 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 July 22
at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.50           0.88           Beat
 Mar. 31 2022      0.53           0.78           Beat
 Dec. 31 2021      0.67           0.79           Beat
 Sep. 30 2021      0.73           0.82           Beat