Sandy Spring Bancorp (NASDAQ:SASR) reported its Q2 earnings results on Thursday, July 21, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Sandy Spring Bancorp beat estimated earnings by 4.26%, reporting an EPS of $0.98 versus an estimate of $0.94.
Revenue was down $2.10 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 4.24% drop in the share price the next day.
Here’s a look at Sandy Spring Bancorp’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.95 | 1.09 | 1.1 | 1.20 |
| EPS Actual | 0.99 | 1.05 | 1.1 | 1.16 |
| Revenue Estimate | 108.01M | 105.87M | 106.61M | 111.45M |
| Revenue Actual | 101.45M | 105.27M | 106.60M | 108.05M |
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.