Orrstown Financial Services Inc expected to post earnings of 73 cents a share - Earnings Preview

Orrstown Financial Services

19/04/2024 12:25

* Orrstown Financial Services Inc  ORRF.OQ   ORRF.O  is
expected
to show a fall in quarterly revenue when it reports  results on
April 23 (estimated) for the period ending March 31 2024
    * The Shippensburg Pennsylvania-based  company is expected
to
report a 1.9% decrease in revenue to $25.804 million from $26.29
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Orrstown Financial
Services
Inc is for earnings of 73 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Orrstown
Financial Services Inc is $32.00​, above​ its last closing price
of $25.03. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.81        0.80       0.73      Missed  -9.1
 Sep. 30 2023  0.81        0.81       0.87      Beat    7.9
 Jun. 30 2023  0.79        0.79       0.94      Beat    19.7​
 Mar. 31 2023  0.83        0.82       0.87      Beat    5.8
 ​​Dec.        0.83        0.81       0.91      Beat    11.9
 31 2022                                                
 Sep. 30 2022  0.70        0.68       0.75      Beat    10.3​
 Jun. 30 2022  0.66        0.65       0.83      Beat    27.4
 Mar. 31 2022  0.59        0.60       0.76      Beat    26.6
 This summary was machine generated April 19 at 11:25 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)