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

Shore Bancshares

29/04/2022 17:27

* Shore Bancshares Inc  SHBI.OQ  reported quarterly adjusted
earnings of 28 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 34 cents per share.
    * Revenue rose 62.5% to $22.43 million from a year ago; 
analysts
expected $22.39 million. 
    * Shore Bancshares Inc's reported EPS for the quarter was 28
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Shore Bancshares Inc shares had fallen by 1.3% this
quarter and
lost 3.0% so far this year.
    * The company reported quarterly net income of $5.61
million.
    * Wall Street's median 12-month price target for Shore
Bancshares
Inc is $23.00 
    * 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 April 29 at 04:27 p.m.  ​All
figures in US dollars unless otherwise stated