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

Summit Financial

22/04/2021 14:29

* Summit Financial Group Inc  SMMF.OQ  reported quarterly
adjusted earnings of 80 cents​​ per share for the quarter ended
in March. The mean expectation of two analysts for the quarter
was for earnings of 86 cents per share.
* Revenue rose 22.4% to $26.25 million from a year ago​; 
analysts expected $29.36 million.
* Summit Financial Group Inc's reported EPS for the quarter was
80 cents​.
* The mean earnings estimate of analysts had risen by
about 44.9% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* Summit Financial Group Inc shares had fallen by 4.8% this
quarter and gained 14.4% so far this year.
* The company reported quarterly net income of $10.36 million.
* Wall Street's median 12-month price target for Summit
Financial Group Inc is $29.75 
* 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 April 22 at 01:29 p.m. GMT.
​All figures in US Dollars.​