Shore Bancshares Inc expected to post earnings of 46cents a share - Earnings Preview

Shore Bancshares

24/10/2022 12:27

* Shore Bancshares Inc  SHBI.OQ   SHBI.O  is expected
to show a
rise in quarterly revenue when it reports  results on October 26
(estimated). 
    * The Easton Maryland-based  company is expected to report 
a
69.0% increase in revenue to $26.35 million from $15.59 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 46 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 $22​, above​ its last closing price of $17.64. ​​​

This summary was machine generated October 24 at 11:27 GMT.  All
figures in US dollars  unless otherwise stated