SouthState Q2 EPS $1.63 Misses $1.83 Estimate
Portfolio Pulse from Benzinga Newsdesk
SouthState (NASDAQ:SSB) reported Q2 earnings of $1.63 per share, missing the analyst consensus estimate of $1.83 by 10.93 percent. However, this is a 0.62 percent increase over earnings of $1.62 per share from the same period last year.
July 27, 2023 | 8:03 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
SouthState's Q2 earnings per share missed the analyst consensus estimate by 10.93%, but showed a slight YoY increase.
SouthState's earnings miss could negatively impact investor sentiment and potentially lead to a short-term drop in the stock price. However, the YoY increase in earnings might mitigate this impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100