Summit Financial Group Inc reports results for the quarter ended in December - Earnings Summary

Summit Financial

31/01/2022 14:31

* Summit Financial Group Inc  SMMF.OQ  reported quarterly
adjusted
earnings of 95 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for earnings of 88 cents per share.
    * Revenue rose 10% to $28.83 million from a year ago; 
analysts
expected $28.29 million. 
    * Summit Financial Group Inc's reported EPS for the quarter
was 95
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Summit Financial Group Inc shares had held steady so far
this
quarter.
    * The company reported quarterly net income of $12.36
million.
    * Wall Street's median 12-month price target for Summit
Financial
Group Inc is $31.00 
    * 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." 

This summary was machine generated January 31 at 02:31 p.m.
 ​All figures in US dollars unless otherwise stated