Shore Bancshares Inc expected to post earnings of 33 cents a share - Earnings Preview

Shore Bancshares

23/07/2024 16:39

* Shore Bancshares Inc  SHBI.OQ   SHBI.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 25
(estimated) for the period ending January 1 0001
    * The Easton Maryland-based  company is expected to report a
85.7% increase in revenue to $41.77 million from $22.49 million
a year ago, according to the estimate from one analyst, based on
LSEG data. (SAL represents Net interest Income)
    * ​LSEG's mean analyst estimate for Shore Bancshares Inc is
for
earnings of 33 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 $12.75​, below​ its last closing price of $13.63. ​​​

This summary was machine generated July 23 at 15:39 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)