SouthState Corp expected to post earnings of $1.63 a share - Earnings Preview

SouthState Bank

24/10/2023 21:49

* SouthState Corp  SSB.OQ   SSB.O  is expected to show a
fall in
quarterly revenue when it reports  results 
    * The Winter Haven Florida-based  company is expected to
report  a
1.7% decrease in revenue to $428.195 million from $435.39
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 $1.63 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"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 $80​, above​ its last closing price of $64.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.79        1.83       1.63      Missed  -11
 Mar. 31 2023  1.91        1.96       1.93      Missed  -1.4
 Dec. 31 2022  1.97        1.98       1.88      Missed  -5​
 Sep. 30 2022  1.85        1.84       1.89      Beat    3
 ​​Jun.        1.55        1.54       1.62      Beat    4.9
 30 2022                                                
 Mar. 31 2022  1.32        1.32       1.69      Beat    28​
 Dec. 31 2021  1.52        1.52       1.59      Beat    4.8
 Sep. 30 2021  1.52        1.50       1.94      Beat    29.8
 This summary was machine generated October 24 at 20:49 GMT.  All
figures in US dollars  unless otherwise stated