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

SOUTH PLAINS FINANCIAL

21/10/2022 14:32

* South Plains Financial Inc  SPFI.OQ  reported quarterly
adjusted
earnings of 86 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 70 cents per share.
    * Revenue fell 1.6% to $56.04 million from a year ago;
analysts
expected $52.64 million. 
    * South Plains Financial Inc's reported EPS for the quarter
was 86
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * South Plains Financial Inc shares had risen by 6.9% this
quarter and gained 5.9% so far this year.
    * The company reported quarterly net income of $15.46
million.
    * Wall Street's median 12-month price target for South
Plains
Financial Inc is $30.50 
    * 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 October
21 at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.70           0.86           Beat
 Jun. 30 2022      0.50           0.88           Beat
 Mar. 31 2022      0.53           0.78           Beat
 Dec. 31 2021      0.67           0.79           Beat