Southern First Bancshares Inc reports results for the quarter ended in June - Earnings Summary

Southern First Bancshares

26/07/2022 17:33

* Southern First Bancshares Inc  SFST.OQ  reported quarterly
adjusted earnings of 90 cents​​ per share for the quarter ended
in June. The mean expectation of two analysts for the quarter
was for earnings of $1.08 per share.
    * Revenue rose 18.4% to $25.37 million from a year ago;
analysts
expected $24.77 million. 
    * Southern First Bancshares Inc's reported EPS for the
quarter was
90 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Southern First Bancshares Inc shares had risen by 5.3%
this
quarter and lost 26.6% so far this year.
    * The company reported quarterly net income of $7.24
million.
    * Wall Street's median 12-month price target for Southern
First
Bancshares Inc is $56.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 26
at 04:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.08           0.90           Missed
 Mar. 31 2022      1.08           0.98           Missed
 Dec. 31 2021      1.19           1.49           Beat
 Sep. 30 2021      1.16           1.75           Beat