Sandy Spring Bancorp Inc reports results for the quarter ended in December - Earnings Summary

Sandy Spring Bancorp

20/01/2022 14:31

* Sandy Spring Bancorp Inc  SASR.OQ  reported quarterly
adjusted
earnings of 99 cents​​ per share for the quarter ended in
December. The mean expectation of four analysts for the quarter
was for earnings of $1.09 per share.
    * Revenue rose 5.5% to $105.27 million from a year ago; 
analysts
expected $106.50 million. 
    * Sandy Spring Bancorp Inc's reported EPS for the quarter
was 99
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Sandy Spring Bancorp Inc shares had risen by 2.7% this
quarter.
    * The company reported quarterly net income of $45.4
million.
    * Wall Street's median 12-month price target for Sandy
Spring
Bancorp Inc is $51.50 
    * 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." 

This summary was machine generated January 20 at 02:31 p.m.
 ​All figures in US dollars unless otherwise stated