South State Corp reports results for the quarter ended in June - Earnings Summary

SouthState Bank

23/07/2021 12:53

* South State Corp  SSB.OQ  reported quarterly adjusted earnings
of $1.87​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of $1.61 per share.
* Revenue rose 53.1% to $332.15 million from a year ago; 
analysts expected $360.76 million. 
* South State Corp's reported EPS for the quarter was $1.39​.
* The mean earnings estimate of analysts had risen by about 8.5%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* South State Corp shares had fallen by 10.2% this quarter and
gained 1.5% so far this year.
* The company reported quarterly net income of $98.96 million.
* Wall Street's median 12-month price target for South State
Corp is $92.00 
* 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." 
This summary was machine generated July 23 at 11:53 a.m.  ​All
figures in US dollars unless otherwise stated