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

Orrstown Financial Services

18/10/2022 21:19

* Orrstown Financial Services Inc  ORRF.OQ  reported
quarterly
adjusted earnings of 52 cents​​ per share for the quarter ended
in September. The mean expectation of three analysts for the
quarter was for earnings of 68 cents per share.
    * Revenue rose 6.2% to $29.63 million from a year ago;
analysts
expected $24.75 million. 
    * Orrstown Financial Services Inc's reported EPS for the
quarter
was 52 cents​.
    * The mean earnings estimate of analysts had risen by
about 5% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Orrstown Financial Services Inc shares had risen by 4.2%
this
quarter and lost 1.1% so far this year.
    * The company reported quarterly net income of $5.44
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 from Refinitiv data October
18 at 08:19 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.68           0.52           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