South State (SSB) ZACKS·2025-01-23 23:26Core Viewpoint - SouthState (SSB) reported quarterly earnings of 1.73 per share, and showing an increase from 450.32 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.37% and up from 419.72 million year-over-year [2] - Over the last four quarters, SouthState has consistently surpassed consensus EPS estimates and topped revenue estimates twice [2] Stock Performance and Outlook - SouthState shares have remained flat since the beginning of the year, contrasting with the S&P 500's gain of 3.5% [3] - The company's earnings outlook is crucial for assessing future stock performance, with current consensus EPS estimates at 1.52 for the upcoming quarter and $7.78 for the current fiscal year [4][7] Industry Context - The Financial - Miscellaneous Services industry, to which SouthState belongs, is currently ranked in the top 36% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]