• Seacoast Banking Corporation of Florida SBCF.OQ reported quarterly adjusted earnings of 52 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of six analysts for the quarter was for earnings of 45 cents per share. Wall Street expected results to range from 40 cents to 51 cents per share.

• Revenue rose 20.7% to $157.29 million from a year ago; analysts expected $154.84 million.

• Seacoast Banking Corporation of Florida's reported EPS for the quarter was 42 cents​.

• The company reported quarterly net income of $36.47 million.

• Seacoast Banking Corporation of Florida shares had risen by 3.3% this quarter and gained 14.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.6% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."

• Wall Street's median 12-month price target for Seacoast Banking Corporation of Florida is $31.00, about 1.4% below its last closing price of $31.42

This summary was machine generated from LSEG data October 27 at 11:49 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)