Investing.com - Seacoast Banking Florida reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Seacoast Banking Florida announced earnings per share of $0.53 on revenue of $104.40. Analysts polled by Investing.com anticipated EPS of $0.61 on revenue of $104.85M.
Seacoast Banking Florida shares are down 18% from the beginning of the year , still down 22.59% from its 52 week high of $39.31 set on Tuesday, January 18, 2022.
Seacoast Banking Florida follows other major Financial sector earnings this month
Seacoast Banking Florida's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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