Recap: Sandy Spring Bancorp Q1 Earnings

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Sandy Spring Bancorp SASR reported its Q1 earnings results on Thursday, April 21, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Sandy Spring Bancorp beat estimated earnings by 4.21%, reporting an EPS of $0.99 versus an estimate of $0.95.

Revenue was down $3.15 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 0.38% increase in the share price the next day.

Here's a look at Sandy Spring Bancorp's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 1.09 1.1 1.20 1.02
EPS Actual 1.05 1.1 1.16 1.20
Revenue Estimate 105.87M 106.61M 111.45M 130.62M
Revenue Actual 105.27M 106.60M 108.05M 104.60M

To track all earnings releases for Sandy Spring Bancorp visit their earnings calendar here..

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsNewsBZI-Recaps
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