Sandy Spring Bancorp (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
