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

Orrstown Financial Services

19/07/2024 12:29

* Orrstown Financial Services Inc  ORRF.OQ   ORRF.O  is
expected
to show a fall in quarterly revenue when it reports  results on
July 23 (estimated) for the period ending June 30 2024
    * The Shippensburg Pennsylvania-based  company is expected
to
report a 1.2% decrease in revenue to $26.05 million from $26.38
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data. (Sales is on Net interest income
basis)
    * ​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 3 "strong buy" or "buy," no
"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 $30.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.73        0.73       0.81      Beat    11
 Jan. 1 2024   0.81        0.80       0.73      Missed  -9.1
 Jan. 1 0001   0.81        0.81       0.87      Beat    7.9​
 Jun. 30 2023  0.79        0.79       0.94      Beat    19.7
 ​​Mar.        0.83        0.82       0.87      Beat    5.8
 31 2023                                                
 Dec. 31 2022  0.83        0.81       0.91      Beat    11.9​
 Sep. 30 2022  0.70        0.68       0.75      Beat    10.3
 Jun. 30 2022  0.66        0.65       0.83      Beat    27.4
 This summary was machine generated July 19 at 11:29 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)