SouthState Corp expected to post earnings of $1.52 a share - Earnings Preview

SouthState Bank

21/01/2022 22:13

* SouthState Corp  SSB.OQ   SSB.O  is expected to show a
rise in
quarterly revenue when it reports  results on January 24. 
    * The Winter Haven Florida-based  company is expected to
report  a
2.5% increase in revenue to $341.912 million from $333.42
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for SouthState Corp is
for
earnings of $1.52 per share. For the same quarter last year, the
company reported earnings of $1.44 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"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 SouthState
Corp
is $88​, about 4.8% above​ its last closing price of $83.78. ​​​
    * 

This summary was machine generated January 21 at 22:13 GMT.  All
figures in US dollars  unless otherwise stated