Sandy Spring Bancorp Inc expected to post earnings of $1.09 a share - Earnings Preview

Sandy Spring Bancorp

18/01/2022 14:17

* Sandy Spring Bancorp Inc  SASR.OQ   SASR.O  is expected
to show a rise in quarterly revenue when it reports  results on
January 20. 
* The Olney Maryland-based  company is expected to report  a
6.7% increase in revenue to $106.497 million from $99.83 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 $1.09 per share. For the same quarter
last year, the company reported earnings of $1.19 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 $51.5​, about 0.2% below​ its last closing price
of $51.62. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  1.09        1.10       1.20      Beat    9.1
 Jun. 30 2021  1.21        1.20       1.19      Missed  -1
 Mar. 31 2021  1.03        1.02       1.58      Beat    54.5​
 Dec. 31 2020  0.94        0.93       1.19      Beat    28.3
 ​​Sep.        0.71        0.71       0.94      Beat    32.4
 30 2020                                                
 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. 31 2019  0.79        0.79       0.80      Beat    1.3
 This summary was machine generated January 18 at 14:17 GMT.  All
figures in US dollars  unless otherwise stated