Seacoast Banking Corp. Of Florida Earnings Preview: Get Ahead of the Analysts

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Seacoast Banking Corp. Of Florida (NASDAQ:SBCF) will report earnings after markets close on Thursday, April 25th. Seacoast Banking Corporation of Florida is a bank holding company. The Bank offers a full array of deposit accounts and retail banking services.

Here is your Cheat Sheet to Seacoast Banking Corp. Of Florida Earnings:

Earnings Expectations: Analysts expect earnings of $0.00 per share on revenues of $21.32 million.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.01 and has not changed. For the current year, the average estimate is a profit of $0.05, which is the same as the estimate ninety days ago.

Earnings Trends:

Here’s how Seacoast Banking Corp. Of Florida has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 149.68 125.10 106.36 100.36 101.11
Diluted EPS ($) -2.41 -4.74 -0.48 0.03 -0.05

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 26.02 27.66 27.14 23.55 22.76
Diluted EPS ($) 0.02 0.00 -0.03 -0.01 -0.01

Past Performance:
Seacoast Banking Corp. Of Florida has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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