Sandy Spring Bancorp Inc expected to post earnings of 67  cents a share - Earnings Preview

Sandy Spring Bancorp

18/04/2023 14:51

* Sandy Spring Bancorp Inc  SASR.OQ   SASR.O  is expected
to show
a rise in quarterly revenue when it reports  results on April
20. 
    * The Olney Maryland-based  company is expected to report  a
1.2% increase in revenue to $102.629 million from $101.45
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 67 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 $30.5​, above​ its last closing price of $23.91.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.92        0.92       0.79      Missed  -14
 Sep. 30 2022  0.99        0.99       0.77      Missed  -22.5
 Jun. 30 2022  0.93        0.95       0.93      Missed  -1.8​
 Mar. 31 2022  0.95        0.95       0.96      Beat    1.3
 ​​Dec.        1.09        1.09       0.99      Missed  -9.2
 31 2021                                                
 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
 This summary was machine generated April 18 at 13:51 GMT.  All
figures in US dollars  unless otherwise stated