Seacoast Banking Earnings Preview

Seacoast Banking SBCF announces its next round of earnings this Thursday, January 28. Here is Benzinga's everything-that-matters guide for this Thursday's Q4 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts predict Seacoast Banking will report earnings of $0.48 per share on revenue of $83.50 million. Seacoast Banking reported a per-share profit of $0.52 when it published results during the same quarter last year. Sales in that period totaled $78.14 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to match the consensus estimate when it reports Thursday, earnings would be down 7.69%. Sales would be up 6.86% from the year-ago period. Seacoast Banking's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

Shares of Seacoast Banking were trading at $32.62 as of January 26. Over the last 52-week period, shares are up 12.86%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Seacoast Banking is scheduled to hold the call at 10:00:00 ET and can be accessed here.