Sandy Spring Bancorp Inc expected to post earnings of $1.02 a share - Earnings Preview

Sandy Spring Bancorp

20/04/2021 13:51

* Sandy Spring Bancorp Inc  SASR.OQ   SASR.O  is expected to
show a rise in quarterly revenue when it reports results on
April 22.
* The Olney, Maryland-based company is expected to report  a
103.0% increase in revenue to $130.617 million from $64.33
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Sandy Spring Bancorp
Inc is for earnings of $1.02 per share. For the same quarter
last year, the company reported earnings of 28 cents per share.
* 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 mean earnings estimate of analysts was unchanged in the
last three months.​
* Wall Street's median 12-month price target for Sandy Spring
Bancorp Inc is $47​, about 7.6% above​ its last closing price
of $43.45. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.94        0.93       1.19      Beat    28.3
 Sep. 30 2020  0.71        0.71       0.94      Beat    32.4
 Jun. 30 2020  0.06        0.07       -0.31     Missed  -576.9
                                                        ​
 Mar. 31 2020  0.66        0.65       0.28      Missed  -56.9
 Dec.          0.79​       0.79       0.80      Beat    1.3​
 31​ 2019​                                              
 Sep. 30 2019  0.80        0.80       0.82      Beat    2.5​
 Jun. 30 2019  0.75        0.76       0.79      Beat    3.9
 Mar. 31 2019  0.74        0.74       0.85      Beat    14.5
 This summary was machine generated April 20 at 12:51 GMT