Southern First Bancshares Inc SFST.OQ reported quarterly adjusted earnings of 81 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 37 cents. The mean expectation of two analysts for the quarter was for earnings of 65 cents per share.
Revenue rose 46.6% to $28.63 million from a year ago; analysts expected $23.47 million.
Southern First Bancshares Inc's reported EPS for the quarter was 81 cents.
The company reported quarterly net income of $6.58 million.
Southern First Bancshares Inc shares had risen by 5.4% this quarter and gained 0.9% 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 "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
Wall Street's median 12-month price target for Southern First Bancshares Inc is $40.00, about 0.2% below its last closing price of $40.09
This summary was machine generated from LSEG data July 22 at 12:08 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)