Sandy Spring Bancorp Inc expected to post earnings of 94  cents a share - Earnings Preview

Sandy Spring Bancorp

19/07/2022 14:10

* Sandy Spring Bancorp Inc  SASR.OQ   SASR.O  is expected
to show
a rise in quarterly revenue when it reports  results on July
21. 
    * The Olney Maryland-based  company is expected to report  a
2.5% increase in revenue to $110.734 million from $108.05
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 94 cents 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 $52.5​, above​ its last closing price of $38.57.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.95        0.95       0.96      Beat    1.3
 Dec. 31 2022  1.09        1.09       0.99      Missed  -9.2
 Sep. 30 2021  1.09        1.10       1.20      Beat    9.1​
 Jun. 30 2021  1.21        1.20       1.19      Missed  -1
 ​​Mar.        1.03        1.02       1.58      Beat    54.5
 31 2021                                                
 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
 This summary was machine generated July 19 at 13:10 GMT.  All
figures in US dollars  unless otherwise stated