Southern States Bancshares Inc expected to post earnings of 83 cents a share - Earnings Preview

Southern States Bancshares

18/04/2024 13:03

* Southern States Bancshares Inc  SSBK.OQ   SSBK.O  is
expected
to show a rise in quarterly revenue when it reports  results on
April 20 (estimated) for the period ending March 31 2024
    * The Anniston Alabama-based  company is expected to report
a
1.3% increase in revenue to $21.6 million from $21.33 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Southern States
Bancshares Inc
is for earnings of 83 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Southern
States
Bancshares Inc is $35.00​, above​ its last closing price
of $23.37. ​​​

This summary was machine generated April 18 at 12:03 GMT.  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)