Orrstown Financial Services Inc expected to post earnings of 79  cents a share - Earnings Preview

Orrstown Financial Services

14/07/2023 12:01

* Orrstown Financial Services Inc  ORRF.OQ   ORRF.O  is
expected
to show a rise in quarterly revenue when it reports  results on
July 17 (estimated). 
    * The Shippensburg Pennsylvania-based  company is expected
to
report  a 6.9% increase in revenue to $25.786 million from
$24.12 million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Orrstown Financial
Services Inc is for earnings of 79 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 $24​, above​ its last closing price
of $19.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.83        0.82       0.87      Beat    5.8
 Dec. 31 2023  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
 ​​Mar.        0.59        0.60       0.76      Beat    26.6
 31 2022                                                
 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. 30 2021  0.78        0.73       0.79      Beat    8.2
 This summary was machine generated July 14 at 11:01 GMT.  All
figures in US dollars  unless otherwise stated