Sandy Spring Bancorp Inc expected to post earnings of 99cents a share - Earnings Preview

Sandy Spring Bancorp

18/10/2022 14:43

* Sandy Spring Bancorp Inc  SASR.OQ   SASR.O  is expected
to show
a rise in quarterly revenue when it reports  results on October
20. 
    * The Olney Maryland-based  company is expected to report  a
6.9% increase in revenue to $113.964 million from $106.6 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sandy Spring
Bancorp Inc
is for earnings of 99 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 $46​, above​ its last closing price of $38.24.
​​​

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 2022  0.93        0.95       0.93      Missed  -1.8
 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
 ​​Jun.        1.21        1.20       1.19      Missed  -1
 30 2021                                                
 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
 This summary was machine generated October 18 at 13:43 GMT.  All
figures in US dollars  unless otherwise stated