Orrstown Financial Services Inc reports results for the quarter ended in June - Earnings Summary

Orrstown Financial Services

19/07/2022 21:24

* Orrstown Financial Services Inc  ORRF.OQ  reported
quarterly
adjusted earnings of 83 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for earnings of 65 cents per share.
    * Revenue rose 10.1% to $24.12 million from a year ago; 
analysts
expected $21.97 million. 
    * Orrstown Financial Services Inc's reported EPS for the
quarter
was 83 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Orrstown Financial Services Inc shares had risen by 0.9%
this
quarter and lost 3.3% so far this year.
    * The company reported quarterly net income of $8.87
million.
    * Wall Street's median 12-month price target for Orrstown
Financial Services Inc is $28.00 
    * 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." 

This summary was machine generated July 19 at 08:24 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.65           0.83           Beat
 Mar. 31 2022      0.60           0.76           Beat
 Dec. 31 2021      0.65           0.60           Missed
 Sep. 30 2021      0.65           0.65           Met
 This summary was machine generated from Refinitiv data July 19
at 08:24 p.m