Recap: SouthState Q1 Earnings

BY Benzinga
— 5:09 PM ET 04/28/2022

SouthState NASDAQ:SSB reported its Q1 earnings results on Thursday, April 28, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

SouthState beat estimated earnings by 28.03%, reporting an EPS of $1.69 versus an estimate of $1.32.

Revenue was down $10.72 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 0.55% increase in the share price the next day.

Here's a look at SouthState's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.52	1.49	1.61	1.45
EPS Actual	1.59	1.94	1.87	2.17
Revenue Estimate	342.17M	344.73M	361.06M	360.81M
Revenue Actual	350.00M	347.00M	332.15M	358.28M

To track all earnings releases for SouthState visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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