Orrstown Financial Services Inc expected to post earnings of 68cents a share - Earnings Preview

Orrstown Financial Services

14/10/2022 12:18

* Orrstown Financial Services Inc  ORRF.OQ   ORRF.O  is
expected
to show a fall in quarterly revenue when it reports  results on
October 17 (estimated). 
    * The Shippensburg Pennsylvania-based  company is expected
to
report  a 11.3% decrease in revenue to $24.75 million from
$27.91 million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Orrstown Financial
Services Inc is for earnings of 68 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Orrstown
Financial Services Inc is $28​, above​ its last closing price
of $24.57. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.66        0.65       0.83      Beat    27.4
 Mar. 31 2022  0.59        0.60       0.76      Beat    26.6
 Dec. 31 2021  0.64        0.65       0.60      Missed  -7.3​
 Sep. 30 2021  0.65        0.65       0.65      Met     0.5
 ​​Jun.        0.78        0.73       0.79      Beat    8.2
 30 2021                                                
 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
 This summary was machine generated October 14 at 11:18 GMT.  All
figures in US dollars  unless otherwise stated