Investing.com – Seacoast Banking Florida reported its earnings on Thursday, missing earnings expectations. The company did not meet the sales forecasts.
The company posted earnings per share of $ 0.53. Sales totaled $ 104.40. Economists surveyed by Investing.com had forecast earnings per share of $ 0.61 ahead of quarterly earnings, while revenue was estimated at $ 104.85 million.
Shares of Seacoast Banking Florida were up 0.00% to $ 30.43 in after-hour trading.
For the year, Seacoast Banking Florida was down 18%, outperforming the, which was down 31%.
Seacoast Banking Florida follows other financial firms this season
On October 14, JPMorgan reported third quarter earnings per share of $ 3.12 and revenue of $ 32.7 billion. Economists had expected earnings per share of $ 2.92 and sales of $ 32.13 billion.
Bank of America beat analysts’ expectations on October 17. For the third quarter, earnings per share were $ 0.81 and revenue was $ 24.5 billion. Analysts interviewed by Investing.com had expected earnings per share of $ 0.7816 and sales of $ 23.56 billion.
During the earning season, stay in touch … with the stock market dates von Investing.com
