Sandy Spring Bancorp Inc expected to post earnings of $1.20 a share - Earnings Preview

Sandy Spring Bancorp

20/07/2021 13:38

* Sandy Spring Bancorp Inc  SASR.OQ   SASR.O  is expected
to show a rise in quarterly revenue when it reports results on
July 22. 
* The Olney, Maryland-based company is expected to report   a
9.8% increase in revenue to $111.446 million from $101.51
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 $1.20 per share. For the same quarter
last year, the company reported a loss of 31 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 $50.75​, about 19.3% above​ its last closing
price of $40.95. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  0.06        0.07       -0.31     Missed  -576.9
 Mar.          0.66​       0.65       0.28      Missed  -56.9​
 31​ 2020​                                              
 Dec. 31 2019  0.79        0.79       0.80      Beat    1.3​
 Sep. 30 2019  0.80        0.80       0.82      Beat    2.5
 Jun. 30 2019  0.75        0.76       0.79      Beat    3.9
 This summary was machine generated July 20 at 12:38 GMT.  All
figures in US dollars unless otherwise stated