A Look Ahead: Sandy Spring Bancorp's Earnings Forecast

Sandy Spring Bancorp (NASDAQ:SASR) will release its quarterly earnings report on Monday, 2024-10-21. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Sandy Spring Bancorp to report an earnings per share (EPS) of $0.46.

Anticipation surrounds Sandy Spring Bancorp's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Performance in Previous Earnings

The company's EPS beat by $0.11 in the last quarter, leading to a 2.86% drop in the share price on the following day.

Here's a look at Sandy Spring Bancorp's past performance and the resulting price change:

Quarter	Q2 2024	Q1 2024	Q4 2023	Q3 2023
EPS Estimate	0.43	0.45	0.52	0.56
EPS Actual	0.54	0.49	0.60	0.62
Price Change %	-3.0%	-2.0%	0.0%	-1.0%

Stock Performance

Shares of Sandy Spring Bancorp were trading at $33.11 as of October 17. Over the last 52-week period, shares are up 66.74%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Sandy Spring Bancorp visit their earnings calendar on our site.

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