Summit Financial Group Inc expected to post earnings of 79 cents a share - Earnings Preview

Summit Financial

26/07/2021 13:48

* Summit Financial Group Inc  SMMF.OQ   SMMF.O  is expected
to show a rise in quarterly revenue when it reports results on
July 28 (estimated). 
* The Moorefield, West Virginia-based company is expected to
report   a 25.0% increase in revenue to $28.832 million from
$23.07 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 79 cents per share. For the same quarter
last year, the company reported earnings of 54 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 2
"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 $26.5​, about 14.6% above​ its last
closing price of $22.64. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.85        0.86       0.80      Missed  -6.4
 Dec. 31 2020  0.44        0.47       0.79      Beat    69.9
 Sep. 30 2020  0.37        0.33       0.74      Beat    124.2​
 Jun. 30 2020  0.31        0.27       0.54      Beat    100
 Mar.          0.43​       0.43       0.35      Missed  -17.6​
 31​ 2020​                                              
 Dec. 31 2019  0.58        0.58       0.65      Beat    12.1​
 Sep. 30 2019  0.55        0.57       0.65      Beat    14
 Jun. 30 2019  0.58        0.56       0.68      Beat    21.4
 This summary was machine generated July 26 at 12:48 GMT.  All
figures in US dollars unless otherwise stated