Recap: Sandy Spring Bancorp Q1 Earnings

Sandy Spring Bancorp SASR reported its Q1 earnings results on Thursday, April 20, 2023 at 08:21 AM.

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

Sandy Spring Bancorp beat estimated earnings by 73.13%, reporting an EPS of $1.16 versus an estimate of $0.67.

Revenue was down $4.15 million from the same period last year.

Last quarter the company missed on EPS by $0.13 which was followed by a 2.57% increase in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.92	0.99	0.94	0.95
EPS Actual	0.79	0.80	0.98	0.99
Revenue Estimate	110.80M	113.96M	110.73M	108.01M
Revenue Actual	106.64M	112.96M	105.95M	101.45M

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.

Earnings Calendar