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

SouthState Bank

29/04/2021 01:25

* South State Corp  SSB.OQ  reported quarterly adjusted earnings
of $2.17​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for earnings
of $1.45 per share.
* Revenue rose 108.1% to $358.28 million from a year ago​; 
analysts expected $360.81 million.
* South State Corp's reported EPS for the quarter was $2.06​.
* The mean earnings estimate of analysts had fallen by
about 3.4% in the last three months.​ 
* In the last 30 days two analysts negatively revised earnings
estimates 
* South State Corp shares had risen by 6.9% this quarter and
gained 16.1% so far this year.
* The company reported quarterly net income of $146.95 million.
* Wall Street's median 12-month price target for South State
Corp is $88.00 
* 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 April 29 at 12:25 a.m. GMT.
​All figures in US Dollars.​