Shore Bancshares Inc reports results for the quarter ended in December - Earnings Summary

Shore Bancshares

14/02/2022 23:43

* Shore Bancshares Inc  SHBI.OQ  reported quarterly adjusted
earnings of 51 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for earnings of 37 cents per share.
    * Revenue rose 49.9% to $20.64 million from a year ago; 
analysts
expected $19.86 million. 
    * Shore Bancshares Inc's reported EPS for the quarter was 16
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Shore Bancshares Inc shares had fallen by 6.3% this
quarter.
    * The company reported quarterly net income of $2.72
million.
    * Wall Street's median 12-month price target for Shore
Bancshares
Inc is $22.00 
    * 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." 

This summary was machine generated February 14 at 11:43 p.m.
 ​All figures in US dollars unless otherwise stated