South State Corp expected to post earnings of $1.45 a share - Earnings Preview

SouthState Bank

26/04/2021 22:19

* South State Corp  SSB.OQ   SSB.O  is expected to show a rise
in quarterly revenue when it reports results on April 28.
* The Winter Haven, Florida-based company is expected to report
 a 109.6% increase in revenue to $360.812 million from $172.15
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for South State Corp is for
earnings of $1.45 per share. For the same quarter last year, the
company reported earnings of 82 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"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 State
Corp is $88​, about 5.5% above​ its last closing price
of $83.16. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  1.49        1.45       1.44      Missed  -0.9
 Sep. 30 2020  1.24        1.24       1.58      Beat    27.9
 Jun. 30 2020  0.12        0.12       0.89      Beat    641.7​
 Mar. 31 2020  1.24        1.23       0.82      Missed  -33.5
 Dec.          1.42​       1.43       1.48      Beat    3.6​
 31​ 2019​                                              
 Sep. 30 2019  1.43        1.43       1.49      Beat    3.9​
 Jun. 30 2019  1.32        1.32       1.40      Beat    6
 Mar. 31 2019  1.26        1.26       1.26      Met     -0.1
 This summary was machine generated April 26 at 21:19 GMT.  All
figures in US dollars unless otherwise stated