Benzinga | Jan 26, 2022 10:50AM EST

Earnings Outlook For Seacoast Banking

Seacoast Banking (NASDAQ:SBCF) is set to give its latest quarterly earnings report on Thursday, 2022-01-27. Here's what investors need to know before the announcement.

Analysts estimate that Seacoast Banking will likely report an Earnings Per Share (EPS) of $0.53.

Seacoast Banking bulls will hope to hear the company to 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).

Historical Earnings Performance

Last quarter the company beat EPS by $0.02, which was followed by a 1.83% drop in the share price the next day.

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

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 0.49 0.52 0.48 0.48EPS Actual 0.51 0.59 0.63 0.55Price Change % -1.83% -0.39% 6.12% -4.34%

Stock Performance

Shares of Seacoast Banking were trading at $37.72 as of January 25. Over the last 52-week period, shares are up 19.48%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here