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

Southern First Bancshares

23/10/2023 13:00

* Southern First Bancshares Inc  SFST.OQ  reported quarterly
adjusted earnings of 51 cents​​ per share for the quarter ended
in September. The mean expectation of three analysts for the
quarter was for earnings of 32 cents per share.
    * Revenue fell 24% to $19.35 million from a year ago;
analysts
expected $19.34 million. 
    * Southern First Bancshares Inc's reported EPS for the
quarter was
51 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Southern First Bancshares Inc shares had risen by 0.4%
this
quarter and lost 40.9% so far this year.
    * The company reported quarterly net income of $4.09
million.
    * Wall Street's median 12-month price target for Southern
First
Bancshares Inc is $30.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 23 at 12:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.32           0.51           Beat
 Jun. 30 2023      0.32           0.31           Missed
 Mar. 31 2023      0.64           0.33           Missed
 Dec. 31 2022      1.02           0.68           Missed