Orrstown Financial Services Inc reports results for the quarter ended June 30 - Earnings Summary
Orrstown Financial Services Inc reports results for the quarter ended June 30 - Earnings Summary
Orrstown Financial Services Inc ORRF.OQ reported quarterly adjusted earnings of $1.09 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.04. The mean expectation of five analysts for the quarter was for earnings of $1.03 per share. Wall Street expected results to range from $1.02 to $1.04 per share.
Revenue fell 17.3% to $48.83 million from a year ago; analysts expected $57.48 million.
Orrstown Financial Services Inc's reported EPS for the quarter was $1.09.
The company reported quarterly net income of $21.16 million.
Orrstown Financial Services Inc shares had risen by 0.9% this quarter and gained 16.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.6% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "hold."
Wall Street's median 12-month price target for Orrstown Financial Services Inc is $42.00, about 1.9% above its last closing price of $41.21
This summary was machine generated from LSEG data July 21 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.03 | 1.09 | Beat |
Mar. 31 2026 | 1.01 | 1.12 | Beat |
Dec. 31 2025 | 1.06 | 1.11 | Beat |
Sep. 30 2025 | 1.05 | 1.13 | Beat |
Recent news on Orrstown Financial Services
See all newsOrrstown Financial Services Inc reports results for the quarter ended September 30 - Earnings Summary
Orrstown Q3 net interest margin improves helped by higher yield on interest-earning assets
Orrstown Financial Services Inc expected to post earnings of $1.09 a share - Earnings Preview
Orrstown Financial Services Inc reports results for the quarter ended June 30 - Earnings Summary
Orrstown Q2 net interest margin declines on subordinated debt amortization