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

Shore Bancshares

29/07/2021 23:35

* Shore Bancshares Inc  SHBI.OQ  reported quarterly adjusted
earnings of 37 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 33 cents per share.
* Revenue rose 8.2% to $14.10 million from a year ago;  analysts
expected $14.26 million. 
* Shore Bancshares Inc's reported EPS for the quarter was 34
cents​.
* The mean earnings estimate of analysts had risen by about 4.8%
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 risen by 2.2% this quarter and
gained 17.3% so far this year.
* The company reported quarterly net income of $4.03 million.
* Wall Street's median 12-month price target for Shore
Bancshares Inc is $18.50 
* 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." 
This summary was machine generated July 29 at 10:35 p.m.  ​All
figures in US dollars unless otherwise stated