Shore Bancshares Inc expected to post earnings of 31  cents a share - Earnings Preview

Shore Bancshares

24/07/2023 15:02

* Shore Bancshares Inc  SHBI.OQ   SHBI.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 26
(estimated). 
    * The Easton Maryland-based  company is expected to report 
a
1.6% increase in revenue to $25.011 million from $24.62 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Shore Bancshares
Inc is
for earnings of 31 cents per share. 
    * 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."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Shore
Bancshares
Inc is $14​, above​ its last closing price of $12.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.38        0.40       0.32      Missed  -20
 Dec. 31 2023  0.49        0.49       0.42      Missed  -14.9
 Sep. 30 2022  0.45        0.46       0.49      Beat    7.7​
 Jun. 30 2022  0.42        0.42       0.40      Missed  -4.8
 ​​Mar.        0.35        0.34       0.33      Missed  -2.9
 31 2022                                                
 Dec. 31 2021  0.37        0.37       0.51      Beat    37.8​
 Sep. 30 2021              0.40       0.43      Beat    7.5
 Jun. 30 2021  0.35        0.33       0.37      Beat    13.8
 This summary was machine generated July 24 at 14:02 GMT.  All
figures in US dollars  unless otherwise stated