* Seacoast Banking Corporation of Florida reported quarterly adjusted earnings of 36 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 46 cents. The mean expectation of seven analysts for the quarter was for earnings of 36 cents per share. Wall Street expected results to range from 34 cents to 38 cents per share.

* Revenue fell 4.9% to $130.34 million from a year ago; analysts expected $129.20 million.

* Seacoast Banking Corporation of Florida's reported EPS for the quarter was 36 cents​.

* The company reported quarterly net income of $30.65 million.

* Seacoast Banking Corporation of Florida shares had risen by 1.6% this quarter and lost 4.9% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 1.6% in the last three months.​

* In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the banks peer group is also "hold"

Wall Street's median 12-month price target for Seacoast Banking Corporation of Florida is 29.00 This summary was machine generated from LSEG data October 27 at 03:47 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 0.36 0.36 Met

Jun. 30 2024 0.34 0.36 Beat

Mar. 31 2024 0.35 0.37 Beat

Dec. 31 2023 0.40 0.43 Beat