Results: Southern First Bancshares, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Results: Southern First Bancshares, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
As you might know, Southern First Bancshares, Inc. (NASDAQ:SFST) recently reported its full-year numbers. Results look mixed - while revenue fell marginally short of analyst estimates at US$86m, statutory earnings beat expectations 8.5%, with Southern First Bancshares reporting profits of US$1.66 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Southern First Bancshares after the latest results.
你可能知道,南方第一银行股份有限公司(纳斯达克股票代码:SFST)最近公布了其全年数据。业绩好坏参半——收入略低于分析师预期的8600万美元,法定收益超出预期的8.5%,南方第一银行公布的每股利润为1.66美元。根据结果,分析师更新了他们的盈利模式,很高兴知道他们是否认为公司的前景发生了巨大变化,或者业务是否照旧。读者会很高兴得知我们已经汇总了最新的法定预测,以了解分析师在最新业绩公布后是否改变了对南方第一银行股份的看法。
Check out our latest analysis for Southern First Bancshares
查看我们对南方第一银行股的最新分析
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Taking into account the latest results, the consensus forecast from Southern First Bancshares' two analysts is for revenues of US$98.8m in 2024. This reflects a solid 15% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to surge 24% to US$2.06. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$96.5m and earnings per share (EPS) of US$1.93 in 2024. So there seems to have been a moderate uplift in sentiment following the latest results, given the upgrades to both revenue and earnings per share forecasts for next year.
考虑到最新业绩,南方第一银行的两位分析师的共识预测是,2024年的收入为9,880万美元。这反映了与过去12个月相比,收入稳步增长了15%。预计每股法定收益将激增24%,至2.06美元。然而,在最新财报公布之前,分析师曾预计2024年的收入为9,650万美元,每股收益(EPS)为1.93美元。因此,鉴于明年收入和每股收益预测均有所上调,最新业绩公布后,市场情绪似乎略有上升。
With these upgrades, we're not surprised to see that the analysts have lifted their price target 27% to US$42.75per share.
通过这些上调,分析师将目标股价上调27%至每股42.75美元,我们并不感到惊讶。
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Southern First Bancshares' past performance and to peers in the same industry. It's clear from the latest estimates that Southern First Bancshares' rate of growth is expected to accelerate meaningfully, with the forecast 15% annualised revenue growth to the end of 2024 noticeably faster than its historical growth of 7.1% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 5.3% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Southern First Bancshares to grow faster than the wider industry.
这些估计很有趣,但是在查看预测与南方第一银行过去的表现以及与同一行业的同行进行比较时,可以更粗略地描述一些细节。从最新估计中可以明显看出,南方第一银行的增长率预计将显著加速,预计到2024年底,年化收入增长15%,将明显快于过去五年7.1%的历史年增长率。相比之下,同行业的其他公司预计年收入将增长5.3%。显而易见,尽管增长前景比最近更加光明,但分析师也预计,南方第一银行股的增长速度将超过整个行业。
The Bottom Line
底线
The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Southern First Bancshares following these results. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.
这里最重要的是,分析师上调了每股收益的预期,这表明在这些业绩公布后,人们对南方第一银行的乐观情绪明显增强。令人高兴的是,他们还上调了收入预期,他们的预测表明,该业务的增长速度预计将快于整个行业。目标股价也大幅提高,分析师显然认为该业务的内在价值正在提高。
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At least one analyst has provided forecasts out to 2025, which can be seen for free on our platform here.
根据这种思路,我们认为该业务的长期前景比明年的收益重要得多。至少有一位分析师提供了到2025年的预测,可以在我们的平台上免费查看。
Before you take the next step you should know about the 1 warning sign for Southern First Bancshares that we have uncovered.
在你采取下一步行动之前,你应该了解我们发现的南方第一银行股票的1个警告信号。
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Simply Wall St 的这篇文章本质上是笼统的。我们仅使用公正的方法提供基于历史数据和分析师预测的评论,我们的文章并非旨在提供财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不会考虑最新的价格敏感型公司公告或定性材料。华尔街只是没有持有上述任何股票的头寸。