Sandy Spring Bancorp Inc expected to post earnings of 56  cents a share - Earnings Preview

Sandy Spring Bancorp

20/10/2023 16:06

* Sandy Spring Bancorp Inc  SASR.OQ   SASR.O  is expected
to show
a fall in quarterly revenue when it reports  results 
    * The Olney Maryland-based  company is expected to report  a
22.1% decrease in revenue to $88.05 million from $112.96 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 56 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"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 $23​, above​ its last closing price of $20.51.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.66        0.66       0.55      Missed  -17
 Mar. 31 2023  0.65        0.67       1.16      Beat    72.5
 Dec. 31 2022  0.92        0.92       0.79      Missed  -14​
 Sep. 30 2022  0.99        0.99       0.77      Missed  -22.5
 ​​Jun.        0.93        0.95       0.93      Missed  -1.8
 30 2022                                                
 Mar. 31 2022  0.95        0.95       0.96      Beat    1.3​
 Dec. 31 2021  1.09        1.09       0.99      Missed  -9.2
 Sep. 30 2021  1.09        1.10       1.20      Beat    9.1
 This summary was machine generated October 20 at 15:06 GMT.  All
figures in US dollars  unless otherwise stated