Summit Financial Group Inc expected to post earnings of 83 cents a share - Earnings Preview

Summit Financial

27/10/2021 07:40

* Summit Financial Group Inc  SMMF.OQ   SMMF.O  is expected
to show a rise in quarterly revenue when it reports results on
October 27 (estimated). 
* The Moorefield, West Virginia-based company is expected to
report  a 12.7% increase in revenue to $27.901 million from
$24.77 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 83 cents per share. For the same quarter
last year, the company reported earnings of 74 cents 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 $27​, about 5.7% above​ its last closing
price of $25.45. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.79        0.79       0.81      Beat    3.2
 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.          0.31​       0.27       0.54      Beat    100​
 30​ 2020​                                              
 Mar. 31 2020  0.43        0.43       0.35      Missed  -17.6​
 Dec. 31 2019  0.58        0.58       0.65      Beat    12.1
 Sep. 30 2019  0.55        0.57       0.65      Beat    14
 This summary was machine generated October 27 at 06:40 GMT.  All
figures in US dollars unless otherwise stated