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

Shore Bancshares

29/10/2021 10:57

* Shore Bancshares Inc  SHBI.OQ  reported quarterly adjusted
earnings of 43 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was
for earnings of 40 cents per share.
* Revenue rose 17.4% to $15.59 million from a year ago; 
analysts expected $14.72 million. 
* Shore Bancshares Inc's reported EPS for the quarter was 39
cents​.
* The mean earnings estimate of analysts was unchanged 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 2.8% this quarter and
gained 24.8% so far this year.
* The company reported quarterly net income of $4.62 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," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated October 29 at 09:57 a.m.
 ​All figures in US dollars unless otherwise stated