Orrstown Financial Services Inc expected to post earnings of 66 cents a share - Earnings Preview

Orrstown Financial Services

14/01/2022 11:09

* Orrstown Financial Services Inc  ORRF.OQ   ORRF.O  is expected
to show a fall in quarterly revenue when it reports  results on
January 18 (estimated). 
* The Shippensburg Pennsylvania-based  company is expected to
report  a 2.1% decrease in revenue to $23.243 million from
$23.73 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 66 cents per share. For the same
quarter last year, the company reported earnings of 91 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 4.9% above​ its last
closing price of $25.21. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.65        0.65       0.65      Met     0.5
 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.        0.38        0.44       0.55      Beat    24.5
 30 2020                                                
 Jun. 30 2020  0.16        0.24       0.50      Beat    108.3​
 Mar. 31 2020  0.36        0.37       0.41      Beat    11.6
 Dec. 31 2019  0.44        0.44       0.44      Met     -0.8
 This summary was machine generated January 14 at 11:09 GMT.  All
figures in US dollars  unless otherwise stated