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SHBI — Shore Bancshares News Story

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

* Shore Bancshares Inc  SHBI.OQ  reported quarterly adjusted
earnings of 34 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 33 cents per share.
* Revenue rose 10.2% to $13.80 million from a year ago​; 
analysts expected $14.08 million.
* Shore Bancshares Inc's reported EPS for the quarter was 34
cents​.
* The mean earnings estimate of analysts had risen by
about 37.5% 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 1.6% this
quarter and gained 14.7% so far this year.
* The company reported quarterly net income of $4 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 April 30 at 07:59 p.m. GMT.
​All figures in US Dollars.​

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