Southern First Bancshares Inc reports results for the quarter ended in September 30 - Earnings Summary

Southern First Bancshares

22/10/2024 14:39

* Southern First Bancshares Inc  SFST.OQ  reported quarterly
adjusted earnings of 54 cents​​ per share for the quarter ended
September 30, higher than the same quarter last year, when the
company reported EPS of 51 cents.  The lone analyst forecast for
the quarter was for earnings of 38 cents per share. 
    * Revenue rose 6.4% to $20.59 million from a year ago;
analysts
expected $20.81 million. 
    * Southern First Bancshares Inc's reported EPS for the
quarter was
54 cents​.
    * The company reported quarterly net income of $4.38
million.
    * Southern First Bancshares Inc shares had risen by 5.6%
this
quarter and lost 3.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for Southern First
Bancshares Inc is $30.50 
This summary was machine generated from LSEG data October 22 at
01:39 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.38           0.54           Beat
 Jun. 30 2024      0.29           0.37           Beat
 Mar. 31 2024      0.32           0.31           Missed
 Dec. 31 2023      0.39           0.51           Beat