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

Summit Financial

28/10/2021 20:45

* Summit Financial Group Inc  SMMF.OQ  reported quarterly
adjusted earnings of 92 cents​​ per share for the quarter ended
in September. The mean expectation of two analysts for the
quarter was for earnings of 84 cents per share.
* Revenue rose 13.2% to $28.04 million from a year ago; 
analysts expected $27.90 million. 
* Summit Financial Group Inc's reported EPS for the quarter was
92 cents​.
* The mean earnings estimate of analysts had risen by
about 11.5% 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 risen by 1.8% this
quarter and gained 13.0% so far this year.
* The company reported quarterly net income of $12.24 million.
* Wall Street's median 12-month price target for Summit
Financial Group Inc is $27.50 
* 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 October 28 at 07:44 p.m.
 ​All figures in US dollars unless otherwise stated