Sandy Spring Bancorp Inc expected to post earnings of $1.10 a share - Earnings Preview

Sandy Spring Bancorp

19/10/2021 14:33

* Sandy Spring Bancorp Inc  SASR.OQ   SASR.O  is expected
to show a rise in quarterly revenue when it reports results on
October 21. 
* The Olney, Maryland-based company is expected to report  a
9.4% increase in revenue to $106.611 million from $97.48 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 $1.10 per share. For the same quarter
last year, the company reported earnings of 94 cents 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 7.8% above​ its last closing price
of $47.48. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  0.71        0.71       0.94      Beat    32.4
 Jun.          0.06​       0.07       -0.31     Missed  -576.9
 30​ 2020​                                              ​
 Mar. 31 2020  0.66        0.65       0.28      Missed  -56.9​
 Dec. 31 2019  0.79        0.79       0.80      Beat    1.3
 Sep. 30 2019  0.80        0.80       0.82      Beat    2.5
 This summary was machine generated October 19 at 13:33 GMT.  All
figures in US dollars unless otherwise stated