Southern First (SFST) Earnings Expected to Grow: What to Know Ahead of Q2 Release

Core Viewpoint - Southern First (SFST) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the consensus outlook suggesting a significant impact on its near-term stock price based on actual results compared to estimates [1][3]. Earnings Expectations - The upcoming earnings report is expected to show quarterly earnings of $0.65 per share, reflecting a year-over-year increase of +75.7% [3]. - Revenues are projected to reach $26.56 million, which is an increase of 15.2% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 2.82% higher in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Southern First matches the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [12]. Earnings Surprise History - In the last reported quarter, Southern First exceeded the expected earnings of $0.61 per share, achieving $0.65, which was a surprise of +6.56% [13]. - The company has successfully beaten consensus EPS estimates in each of the last four quarters [14]. Industry Comparison - Synovus Financial (SNV), another player in the Southeast banking industry, is expected to report earnings of $1.25 per share, indicating a year-over-year change of +7.8% [18]. - Synovus's revenues are anticipated to be $583.84 million, up 90.7% from the previous year, with a consensus EPS estimate revised 1% higher in the last 30 days [19].