Summit Financial Group Inc expected to post earnings of $1.10 a share - Earnings Preview

Summit Financial

22/01/2024 13:34

* Summit Financial Group Inc  SMMF.OQ   SMMF.O  is expected
to show a rise in quarterly revenue when it reports  results on
January 24 (estimated) for the period ending December 31 2023
    * The Moorefield West Virginia-based  company is expected to
report a 35.3% increase in revenue to $46.484 million from
$34.35 million a year ago, according to the estimate from one
analyst, based on LSEG data. (SAL represents Net interest
Income)
    * ​LSEG's mean analyst estimate for Summit Financial Group
Inc is
for earnings of $1.10 per share. 
    * The one available analyst rating on the shares is
"hold".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Summit
Financial
Group Inc is $23.00​, below​ its last closing price of $28.55.
​​​

This summary was machine generated January 22 at 13:34 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)