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

Sandy Spring Bancorp

21/04/2022 14:30

* Sandy Spring Bancorp Inc  SASR.OQ  reported quarterly
adjusted
earnings of 96 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 95 cents per share.
    * Revenue fell 3% to $101.45 million from a year ago; 
analysts
expected $108.01 million. 
    * Sandy Spring Bancorp Inc's reported EPS for the quarter
was 96
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Sandy Spring Bancorp Inc shares had fallen by 0.3% this
quarter and lost 6.9% so far this year.
    * The company reported quarterly net income of $43.94
million.
    * Wall Street's median 12-month price target for Sandy
Spring
Bancorp Inc is $54.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 21 at 01:30 p.m.  ​All
figures in US dollars unless otherwise stated