Orrstown Financial Services Inc expected to post earnings of 65 cents a share - Earnings Preview

Orrstown Financial Services

19/10/2021 03:53

* Orrstown Financial Services Inc  ORRF.OQ   ORRF.O  is expected
to show a fall in quarterly revenue when it reports results on
October 19 (estimated). 
* The Shippensburg, Pennsylvania-based company is expected to
report  a 1.4% decrease in revenue to $20.519 million from
$20.82 million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Orrstown Financial
Services Inc is for earnings of 65 cents per share. For the same
quarter last year, the company reported earnings of 55 cents per
share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Orrstown
Financial Services Inc is $26.5​, about 10.6% above​ its last
closing price of $23.68. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.78        0.73       0.79      Beat    8.2
 Mar. 31 2021  0.69        0.69       0.92      Beat    33.8
 Dec. 31 2020  0.58        0.59       0.91      Beat    53.4​
 Sep. 30 2020  0.38        0.44       0.55      Beat    24.5
 Jun.          0.16​       0.24       0.50      Beat    108.3​
 30​ 2020​                                              
 Mar. 31 2020  0.36        0.37       0.41      Beat    11.6​
 Dec. 31 2019  0.44        0.44       0.44      Met     -0.8
 Sep. 30 2019  0.48        0.48       0.46      Missed  -3.7
 This summary was machine generated October 19 at 02:53 GMT.  All
figures in US dollars unless otherwise stated