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

Orrstown Financial Services

19/04/2022 22:01

* Orrstown Financial Services Inc  ORRF.OQ  reported
quarterly
adjusted earnings of 76 cents​​ per share for the quarter ended
in March. The mean expectation of four analysts for the quarter
was for earnings of 60 cents per share.
    * Revenue rose 3.3% to $22.57 million from a year ago; 
analysts
expected $23.86 million. 
    * Orrstown Financial Services Inc's reported EPS for the
quarter
was 76 cents​.
    * The mean earnings estimate of analysts had risen by
about 6.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Orrstown Financial Services Inc shares had fallen by 3.7%
this
quarter and lost 12.3% so far this year.
    * The company reported quarterly net income of $8.37
million.
    * Wall Street's median 12-month price target for Orrstown
Financial Services Inc is $28.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 19 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated