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SouthState (SSB) Tops Q2 Earnings and Revenue Estimates

Jul 24, 2024, 6:32 PM EDT1 sourcesAI-analyzed

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SouthState reported Q2 earnings of $1.79, surpassing estimates by 16.99%. Revenue for the quarter was $425.48 million, beating expectations by 1.49%. The company's stock has gained 10.5% YTD, underperforming the S&P 500's 16.5%. Current Zacks Rank for SouthState is #3 (Hold), suggesting market performance. Consensus estimates for next quarter are $1.59 EPS on $429.45 million revenue.

  • SouthState reported Q2 earnings of $1.79, surpassing estimates by 16.99%.
  • Revenue for the quarter was $425.48 million, beating expectations by 1.49%.
  • The company's stock has gained 10.5% YTD, underperforming the S&P 500's 16.5%.
  • Current Zacks Rank for SouthState is #3 (Hold), suggesting market performance.
  • Consensus estimates for next quarter are $1.59 EPS on $429.45 million revenue.

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