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

Sandy Spring Bancorp

26/01/2023 14:32

* Sandy Spring Bancorp Inc  SASR.OQ  reported quarterly
adjusted
earnings of 79 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 92 cents per share.
    * Revenue rose 1.3% to $106.64 million from a year ago;
analysts
expected $110.80 million. 
    * Sandy Spring Bancorp Inc's reported EPS for the quarter
was 76
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
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 fallen by 2.2% this
quarter.
    * The company reported quarterly net income of $33.87
million.
    * Wall Street's median 12-month price target for Sandy
Spring
Bancorp Inc is $39.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
26 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.92           0.79           Missed
 Sep. 30 2022      0.99           0.77           Missed
 Jun. 30 2022      0.95           0.93           Missed
 Mar. 31 2022      0.95           0.96           Beat