Shore Bancshares Inc expected to post earnings of 37 cents a share - Earnings Preview

Shore Bancshares

24/01/2022 11:24

* Shore Bancshares Inc  SHBI.OQ   SHBI.O  is expected
to show a
rise in quarterly revenue when it reports  results on January 26
(estimated). 
    * The Easton Maryland-based  company is expected to report 
a
44.3% increase in revenue to $19.857 million from $13.77 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Shore Bancshares
Inc is
for earnings of 37 cents per share. For the same quarter last
year, the company reported earnings of 32 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"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 $22​, about 8.4% above​ its last closing price
of $20.16. ​​​

This summary was machine generated January 24 at 11:24 GMT.  All
figures in US dollars  unless otherwise stated