Earnings Outlook For Seacoast Banking

Seacoast Banking (NASDAQ:SBCF) is set to give its latest quarterly earnings report on Thursday, 2023-01-26. Here's what investors need to know before the announcement.

Analysts estimate that Seacoast Banking will report an earnings per share (EPS) of $0.15.

Seacoast Banking bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company missed EPS by $0.06, which was followed by a 1.87% increase in the share price the next day.

Here's a look at Seacoast Banking's past performance and the resulting price change:

QuarterQ3 2022Q2 2022Q1 2022Q4 2021EPS EstimateEPS ActualPrice Change %
0.59 0.53 0.42 0.53 0.53 0.59 0.44 0.62 1.87% 0.96% -2.2% 0.05%

Stock Performance

Shares of Seacoast Banking were trading at $31.61 as of January 24. Over the last 52-week period, shares are down 15.08%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Seacoast Banking visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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