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

Sandy Spring Bancorp

21/10/2021 17:00

* Sandy Spring Bancorp Inc  SASR.OQ  reported quarterly adjusted
earnings of $1.20​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of $1.10 per share.
* Revenue rose 9.4% to $106.60 million from a year ago; 
analysts expected $106.61 million. 
* Sandy Spring Bancorp Inc's reported EPS for the quarter was
$1.20​.
* The mean earnings estimate of analysts had fallen by
about 0.2% 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 risen by 5.6% this
quarter and gained 50.4% so far this year.
* The company reported quarterly net income of $56.62 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 October 21 at 04:00 p.m.
 ​All figures in US dollars unless otherwise stated