The exciting news about Sandy Spring Bancorp (NASDAQ: SASR) will be shared on Monday 21st October 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen before market open.
In accordance with the forecasts of financial specialists on Wall Street, the establishment is primed to announce an anticipated $0.46 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $88.49 million for this particular period.
Wall street analysts expect the company to generate a total revenue of $350.44 million for the entire year. Additionally, these analysts also foresee the company achieving an estimated profit of $1.9 per share for the fiscal year.
In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $0.62. Moreover, the company achieved a remarkable total revenue of $85.08 million during that quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.54 | -10.0% | 80.29 M | -11.3% |
| Q1 2024 | $0.49 | -57.8% | 79.34 M | -18.5% |
| Q4 2023 | $0.60 | -24.1% | 81.70 M | -23.4% |
| Q3 2023 | $0.62 | -22.5% | 85.08 M | -24.7% |
| Q2 2023 | $0.60 | -38.8% | 90.47 M | -14.6% |
| *Growth on year-over-year basis | ||||
SASR will host a conference call with investment community on 21st October 2024 at 02:00 PM eastern time to discuss the financial results.
The previous trading day saw Sandy Spring Bancorp (SASR) shares trading between $32.76 and $33.40, besides a volume of 236.50 thousand shares. The stock closed Thursday's regular trading session at $33.11, indicating 0.69 percent decrease.
