Synovus Financial Corp expected to post earnings of $1.15 a share - Earnings Preview

Synovus Financial

18/07/2023 14:26

* Synovus Financial Corp  SNV.N   SNV  is expected to show a
rise
in quarterly revenue when it reports  results on July 20. 
    * The Columbus Georgia-based  company is expected to report 
a
9.3% increase in revenue to $571.006 million from $522.65
million a year ago, according to the mean estimate from 11
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Synovus Financial
Corp is
for earnings of $1.15 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Synovus
Financial
Corp is $36​, above​ its last closing price of $32.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.21        1.23       1.33      Beat    8.6
 Dec. 31 2023  1.33        1.36       1.35      Missed  -0.7
 Sep. 30 2022  1.28        1.28       1.34      Beat    5​
 Jun. 30 2022  1.08        1.09       1.17      Beat    6.9
 ​​Mar.        1.00        1.01       1.08      Beat    6.8
 31 2022                                                
 Dec. 31 2021  1.08        1.08       1.35      Beat    25​
 Sep. 30 2021  1.10        1.08       1.20      Beat    10.8
 Jun. 30 2021  1.07        1.04       1.20      Beat    15.7
 This summary was machine generated July 18 at 13:26 GMT.  All
figures in US dollars  unless otherwise stated