A Look Ahead: Sandy Spring Bancorp's Earnings Forecast
Portfolio Pulse from Benzinga Insights
Sandy Spring Bancorp (NASDAQ:SASR) is set to release its quarterly earnings report on October 21, 2024. Analysts expect an EPS of $0.46. Despite past earnings beats, the stock has seen price declines post-announcement. Shares are up 66.74% over the past year, indicating bullish sentiment among long-term investors.
October 18, 2024 | 4:02 pm
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Sandy Spring Bancorp is expected to announce its quarterly earnings with an anticipated EPS of $0.46. Despite past earnings beats, the stock has historically seen price declines post-announcement. Shares have risen 66.74% over the past year, suggesting positive long-term investor sentiment.
The upcoming earnings report is crucial for Sandy Spring Bancorp as it may influence short-term stock price movements. Historically, the stock has declined post-earnings despite beating estimates, indicating that market reactions are driven by other factors such as guidance. The significant rise in share price over the past year suggests that long-term investors remain optimistic.
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