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

Summit Financial

28/04/2022 20:42

* Summit Financial Group Inc  SMMF.OQ  reported quarterly
adjusted
earnings of 90 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 12.6% to $29.55 million from a year ago; 
analysts
expected $28.39 million. 
    * Summit Financial Group Inc's reported EPS for the quarter
was 90
cents​.
    * The mean earnings estimate of analysts had risen by
about 19.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Summit Financial Group Inc shares had fallen by 0.9% this
quarter and lost 7.6% so far this year.
    * The company reported quarterly net income of $11.47
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 April 28 at 07:42 p.m.  ​All
figures in US dollars unless otherwise stated