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SASR — Sandy Spring Bancorp News Story

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

* Sandy Spring Bancorp Inc  SASR.OQ  reported quarterly adjusted
earnings of $1.19​​ per share for the quarter ended in June. The
mean expectation of four analysts for the quarter was
for earnings of $1.20 per share.
* Revenue rose 6.4% to $108.05 million from a year ago; 
analysts expected $111.45 million. 
* Sandy Spring Bancorp Inc's reported EPS for the quarter was
$1.19​.
* The mean earnings estimate of analysts had risen by
about 20.3% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Sandy Spring Bancorp Inc shares had fallen by 4.0% this
quarter and gained 31.7% so far this year.
* The company reported quarterly net income of $57.26 million.
* Wall Street's median 12-month price target for Sandy Spring
Bancorp Inc is $50.75 
* 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 July 22 at 01:03 p.m.  ​All
figures in US dollars unless otherwise stated

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