Summit Financial Group Inc expected to post earnings of $1.19 a share - Earnings Preview

Summit Financial

23/01/2023 15:03

* Summit Financial Group Inc  SMMF.OQ   SMMF.O  is expected
to show a rise in quarterly revenue when it reports  results on
January 25 (estimated). 
    * The Moorefield West Virginia-based  company is expected to
report  a 30.3% increase in revenue to $37.577 million from
$28.83 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 $1.19 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 $30​, above​ its last closing price of $24.86. ​​​

This summary was machine generated January 23 at 15:03 GMT.  All
figures in US dollars  unless otherwise stated