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

Sandy Spring Bancorp

22/04/2021 18:06

* Sandy Spring Bancorp Inc  SASR.OQ  reported quarterly adjusted
earnings of $1.58​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of $1.02 per share.
* Revenue rose 62.6% to $104.60 million from a year ago​; 
analysts expected $130.62 million.
* Sandy Spring Bancorp Inc's reported EPS for the quarter was
$1.58​.
* The mean earnings estimate of analysts had risen by
about 11.5% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* Sandy Spring Bancorp Inc shares had fallen by 0.8% this
quarter and gained 33.8% so far this year.
* The company reported quarterly net income of $75.46 million.
* Wall Street's median 12-month price target for Sandy Spring
Bancorp Inc is $47.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated April 22 at 05:06 p.m. GMT.
​All figures in US Dollars.​