Q4 2018 Earnings Estimate for SouthCrest Financial Group Inc Issued By FIG Partners (SCSG)

SouthCrest Financial Group Inc (OTCMKTS:SCSG) – Equities researchers at FIG Partners upped their Q4 2018 EPS estimates for SouthCrest Financial Group in a research note issued to investors on Friday. FIG Partners analyst C. Marinac now forecasts that the bank will earn $0.16 per share for the quarter, up from their prior estimate of $0.15. FIG Partners also issued estimates for SouthCrest Financial Group’s Q3 2019 earnings at $0.18 EPS, Q4 2019 earnings at $0.18 EPS and FY2019 earnings at $0.67 EPS.

SouthCrest Financial Group (OTCMKTS:SCSG) last issued its quarterly earnings data on Thursday, October 26th. The bank reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.01). The company had revenue of $7.42 million during the quarter, compared to analysts’ expectations of $6.03 million.

Separately, Zacks Investment Research raised SouthCrest Financial Group from a “sell” rating to a “hold” rating in a report on Thursday, January 4th.

SouthCrest Financial Group (OTCMKTS:SCSG) opened at $11.35 on Monday. The stock has a market capitalization of $69.98, a price-to-earnings ratio of 23.16 and a beta of 0.15. SouthCrest Financial Group has a 1-year low of $8.10 and a 1-year high of $11.50.

WARNING: “Q4 2018 Earnings Estimate for SouthCrest Financial Group Inc Issued By FIG Partners (SCSG)” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this piece on another site, it was copied illegally and republished in violation of US & international copyright & trademark law. The correct version of this piece can be accessed at https://www.americanbankingnews.com/2018/01/29/q4-2018-earnings-estimate-for-southcrest-financial-group-inc-issued-by-fig-partners-scsg.html.

SouthCrest Financial Group Company Profile

SouthCrest Financial Group, Inc is a bank holding company for SouthCrest Bank, N.A. (the Bank). The Bank is a retail bank operation, which offers consumer and commercial loans, checking, savings, credit cards, debit cards, online banking and bill pay services. The Company operates 10 branches throughout Georgia.

Receive News & Ratings for SouthCrest Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SouthCrest Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply