SouthState Corp expected to post earnings of $1.83 a share - Earnings Preview

SouthState Bank

26/07/2023 24:40

* SouthState Corp  SSB.OQ   SSB.O  is expected to show a
rise in
quarterly revenue when it reports  results on July 27. 
    * The Winter Haven Florida-based  company is expected to
report  a
7.9% increase in revenue to $434.409 million from $402.57
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 $1.83 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"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 $83​, above​ its last closing price of $75.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.91        1.96       1.93      Missed  -1.4
 Dec. 31 2023  1.97        1.98       1.88      Missed  -5
 Sep. 30 2022  1.85        1.84       1.89      Beat    3​
 Jun. 30 2022  1.55        1.54       1.62      Beat    4.9
 ​​Mar.        1.32        1.32       1.69      Beat    28
 31 2022                                                
 Dec. 31 2021  1.52        1.52       1.59      Beat    4.8​
 Sep. 30 2021  1.52        1.50       1.94      Beat    29.8
 Jun. 30 2021  1.64        1.61       1.87      Beat    15.9
 This summary was machine generated July 25 at 23:40 GMT.  All
figures in US dollars  unless otherwise stated