Summit Financial Group Inc expected to post earnings of $1.14 a share - Earnings Preview

Summit Financial

24/10/2022 14:44

* Summit Financial Group Inc  SMMF.OQ   SMMF.O  is expected
to show a rise in quarterly revenue when it reports  results on
October 26 (estimated). 
    * The Moorefield West Virginia-based  company is expected to
report  a 17.8% increase in revenue to $33.022 million from
$28.04 million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Summit Financial
Group
Inc is for earnings of $1.14 per share. 
    * 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."  
    * 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 $31.75​, above​ its last closing price of $28.10.
​​​

This summary was machine generated October 24 at 13:44 GMT.  All
figures in US dollars  unless otherwise stated