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Seacoast Banking SBCF reported its Q2 earnings results on Thursday, July 28, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Seacoast Banking beat estimated earnings by 11.32%, reporting an EPS of $0.59 versus an estimate of $0.53.
Revenue was up $17.49 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 2.2% drop in the share price the next day.
Here’s a look at Seacoast Banking’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.42 | 0.53 | 0.49 | 0.52 |
| EPS Actual | 0.44 | 0.62 | 0.51 | 0.59 |
| Revenue Estimate | 91.86M | 87.90M | 86.93M | 82.65M |
| Revenue Actual | 91.89M | 91.00M | 90.35M | 81.12M |
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.42 | 0.53 | 0.49 | 0.52 |
| EPS Actual | 0.44 | 0.62 | 0.51 | 0.59 |
| Revenue Estimate | 91.86M | 87.90M | 86.93M | 82.65M |
| Revenue Actual | 91.89M | 91.00M | 90.35M | 81.12M |
To track all earnings releases for Seacoast Banking visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.