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

Summit Financial

29/07/2021 13:15

* Summit Financial Group Inc  SMMF.OQ  reported quarterly
adjusted earnings of 81 cents​​ per share for the quarter ended
in June. The mean expectation of two analysts for the quarter
was for earnings of 79 cents per share.
* Revenue rose 16.2% to $26.81 million from a year ago; 
analysts expected $28.83 million. 
* Summit Financial Group Inc's reported EPS for the quarter was
80 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 risen by 3.1% this
quarter and gained 2.8% so far this year.
* The company reported quarterly net income of $10.42 million.
* Wall Street's median 12-month price target for Summit
Financial Group Inc is $26.50 
* 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." 
This summary was machine generated July 29 at 12:15 p.m.  ​All
figures in US dollars unless otherwise stated