Seacoast Banking Corporation of Florida ($SBCF) Q3 2024 Earnings Sneak peek

24

Don't miss out on the highly anticipated third quarter financial results of Seacoast Banking Corporation of Florida (NASDAQ: SBCF) set to be unveiled on Thursday 24th October 2024. Be prepared to seize this valuable opportunity to analyze the company's financial performance after market close.

Financial analysts on Wall Street are predicting that the establishment is expected to report an estimated per share $0.36 profit for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $129.2 million during this period.

Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $512.92 million. Additionally, they are expecting the company to report profit of $1.45 per share for the full year 2024.

Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.46. This notable figure was attributed to the company's total revenue, which settled at an impressive $137.1 million during that specific quarter.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.36 -37.9% 126.61 M -14.8%
Q1 2024 $0.37 +2.8% 125.58 M -18.2%
Q4 2023 $0.43 -23.2% 128.16 M -6.7%
Q3 2023 $0.46 -13.2% 137.10 M +31.3%
Q2 2023 $0.58 -1.7% 148.54 M +50.6%
*Growth on year-over-year basis

 

SBCF will host a conference call with investment community on 25th October 2024 at 10:00 AM eastern time to discuss the financial results.

Tuesday's trading saw Seacoast Banking Corporation of Florida (SBCF) shares hit a low of $26.52 and a high of $26.97, with a day volume of 204.00 thousand shares. The stock closed the regular trading session at $26.90, showing 0.52 percent upturn.