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

Orrstown Financial Services

24/10/2023 21:30

* Orrstown Financial Services Inc  ORRF.OQ  reported
quarterly
adjusted earnings of 87 cents​​ per share for the quarter ended
in September. The mean expectation of three analysts for the
quarter was for earnings of 81 cents per share.
    * Revenue rose 3% to $26.22 million from a year ago;
analysts
expected $26.24 million. 
    * Orrstown Financial Services Inc's reported EPS for the
quarter
was 87 cents​.
    * The mean earnings estimate of analysts had risen by
about 3.9%
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 fallen by 3.6%
this
quarter and lost 12.6% so far this year.
    * The company reported quarterly net income of $9.03
million.
    * Wall Street's median 12-month price target for Orrstown
Financial Services Inc is $26.00 
    * 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 LSEG Refinitiv data
October 24 at 08:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.81           0.87           Beat
 Jun. 30 2023      0.79           0.94           Beat
 Mar. 31 2023      0.82           0.87           Beat
 Dec. 31 2022      0.81           0.91           Beat