Sandy Spring Bancorp Stock (NASDAQ: SASR)

Dernières nouvelles pour Sandy Spring Bancorp (NASDAQ:SASR) Stock

Sandy Spring Bancorp

Sandy Spring Bancorp Inc is a community-oriented banking organization that conducts a full-service commercial banking business in Central Maryland, Northern Virginia, and Washington D.C. It conducts business in two operating segments. The Community Banking segment, which is the key revenue driver, involves delivering a broad range of financial products and services, including loan and deposit products to individuals and businesses and The Investment Management segment provides financial planning including cash flow analysis, investment review, tax planning, retirement planning, insurance analysis, and estate planning.

Sandy Spring Bancorp, Inc. - Common Stock

Sandy Spring Bancorp Inc

Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) 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.
<h3>Performance in Previous Earnings</h3>
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:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.43</td>
<td>0.45</td>
<td>0.52</td>
<td>0.56</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.54</td>
<td>0.49</td>
<td>0.60</td>
<td>0.62</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-3.0%</td>
<td>-2.0%</td>
<td>0.0%</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1729267366_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
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. 
<a href="https://www.benzinga.com/quote/SASR/earnings">To track all earnings releases for Sandy Spring Bancorp visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

SASR

A Look Ahead: Sandy Spring Bancorp's Earnings Forecast

DA Davidson analyst Manuel Navas maintains Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) with a Neutral and raises the price target from $23 to $33.

News

Price Target

Analyst Ratings

DA Davidson Maintains Neutral on Sandy Spring Bancorp, Raises Price Target to $33

Keefe, Bruyette &amp; Woods analyst Catherine Mealor maintains Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) with a Market Perform and raises the price target from $25 to $30.

Keefe, Bruyette & Woods Maintains Market Perform on Sandy Spring Bancorp, Raises Price Target to $30

Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.43 by 25.58 percent. This is a 10 percent decrease over earnings of $0.60 per share from the same period last year. The company reported quarterly sales of $80.285 million which missed the analyst consensus estimate of $81.867 million by 1.93 percent. This is a 11.26 percent decrease over sales of $90.471 million the same period last year.

Earnings Beats

Earnings Misses

Sandy Spring Bancorp Q2 2024 Adj EPS $0.54 Beats $0.43 Estimate, Sales $80.285M Miss $81.867M Estimate

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Shares of banking stocks are trading higher following recent CPI data.

Regional bank stocks, as monitored through the SPDR S&amp;P Regional Banking ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>), continue to trade about 13% lower than they were prior to the collapse of Silicon Valley Bank in March 2023, indicating that investor sentiment has yet to fully regain trust in the industry following <a href="https://www.benzinga.com/topic/regional-banks">last year&#8217;s sharp drop.</a>
The first-quarter earnings season has been notably positive for the Financials sector, which showed the largest positive difference between actual revenues and estimated revenues, according to FactSet earnings insights.
Chart: Regional Bank Industry Trades 13% Lower Its Pre-SVB Levels
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="500" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/30155030/image-121-1024x500.png" alt="" class="wp-image-364041" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/30155030/image-121-1024x500.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/30155030/image-121-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/30155030/image-121-768x375.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/30155030/image-121-1536x750.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/30155030/image-121.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">A Resilient Quarter For Community Banks</h3>
&#8220;The banking industry continued to show resilience in the first quarter,&#8221; the Federal Deposit Insurance Corporation (FDIC) stated in its latest Quarterly Banking Profile report, released this week.
The banking industry reported a net income of $64.2 billion for the first quarter, reflecting a 79.5% increase from the previous quarter. This significant rise was primarily attributed to reduced expenses related to the FDIC special assessment and decreased goodwill write-downs.
Notably, &#8220;community banks reported net income of $6.3 billion, a quarterly increase of 6.1%, driven by better results on the sale of securities and lower noninterest and provision expenses,&#8221; the FDIC wrote.
While overall banking loan growth was rather shallow, up by 1.7% from last year, marking the slowest rate since Q3 2021, loan growth at community banks was more robust, increasing by 7.1% from the prior year, led by commercial real estate and residential mortgage loans.
Domestic deposits increased for a second consecutive quarter, this time by $191 billion, driven by growth in transaction accounts. The regulator highlighted an ongoing transition from noninterest-bearing deposits toward interest-bearing deposits, with the latter increasing 1.7% quarter over quarter and the former declining for the eighth consecutive quarter.
The number of banks on the Problem Bank List, increased from 52 in Q4 2023 to 63 in Q1 2024. 
Although the number of problem banks was 43 a year ago, the increase to 63 banks still represents just 1.4% of the total banks. This percentage remains within the typical range of 1-2% seen during non-crisis periods, and well below levels seen during the 2008 financial crisis and 2022 financial condition stress. 
<h3 class="wp-block-heading">Top-Performing Regional Bank Stocks In May</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>Total Return (1M)</td>
</tr>
<tr>
<td>Independent Bank Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBTX#NYSE">IBTX</a>)</td>
<td>25.20%</td>
</tr>
<tr>
<td>New York Community Bancorp, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NYCB#NYSE">NYCB</a>)</td>
<td>24.53%</td>
</tr>
<tr>
<td>Flushing Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FFIC#NYSE">FFIC</a>)</td>
<td>14.66%</td>
</tr>
<tr>
<td>Sandy Spring Bancorp, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NYSE">SASR</a>)</td>
<td>13.47%</td>
</tr>
<tr>
<td>Coastal Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCB#NYSE">CCB</a>)</td>
<td>13.39%</td>
</tr>
<tr>
<td>National Bank Holdings Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NBHC#NYSE">NBHC</a>)</td>
<td>11.30%</td>
</tr>
<tr>
<td>Capitol Federal Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CFFN#NYSE">CFFN</a>)</td>
<td>10.97%</td>
</tr>
<tr>
<td>Western Alliance Bancorporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAL#NYSE">WAL</a>)</td>
<td>10.60%</td>
</tr>
<tr>
<td>TFS Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFSL#NYSE">TFSL</a>)</td>
<td>9.41%</td>
</tr>
<tr>
<td>Synovus Financial Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNV#NYSE">SNV</a>)</td>
<td>9.11%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Data as of May 30, 2024</figcaption></figure>
Read now: <a href="https://www.benzinga.com/economics/macro-economic-events/24/05/39096164/feds-favorite-inflation-data-due-friday-how-could-markets-react-to-surprises">Fed&#8217;s Favorite Inflation Data Due Friday: How Could Markets React To Surprises?</a>
Photo: Shutterstock

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Regional Banks Yet To Recover From SVB Collapse: Time To Invest In The Top Banking ETF?

Cullum was promoted from Deputy Chief Financial Officer and Treasurer. Philip J. Mantua, the outgoing Chief Financial Officer, who previously announced his retirement, will continue with the Company until the end of the year to support the leadership transition. 
&nbsp;

Management

Sandy Spring Bancorp Promotes Charles S. Cullum To CFO

Stephens &amp; Co. analyst Russell Gunther reiterates Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) with a Equal-Weight and maintains $25 price target.

Reiteration

Stephens & Co. Reiterates Equal-Weight on Sandy Spring Bancorp, Maintains $25 Price Target

Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) reported quarterly earnings of $0.49 per share which beat the analyst consensus estimate of $0.45 by 8.89 percent. The company reported quarterly sales of $79.343 million which missed the analyst consensus estimate of $81.060 million by 2.12 percent. This is a 18.46 percent decrease over sales of $97.302 million the same period last year.

Sandy Spring Bancorp Q1 2024 Adj EPS $0.49 Beats $0.45 Estimate, Sales $79.343M Miss $81.060M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) is expected to report quarterly earnings at $1.23 per share on revenue of $18.41 billion.
&bull; MSCI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSCI#NYSE">MSCI</a>) is expected to report quarterly earnings at $3.45 per share on revenue of $684.13 million.
&bull; Quest Diagnostics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DGX#NYSE">DGX</a>) is expected to report quarterly earnings at $1.85 per share on revenue of $2.29 billion.
&bull; Community Bank System (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBU#NYSE">CBU</a>) is expected to report quarterly earnings at $0.78 per share on revenue of $176.83 million.
&bull; Herc Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRI#NYSE">HRI</a>) is estimated to report quarterly earnings at $2.15 per share on revenue of $782.85 million.
&bull; JetBlue Airways (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) is expected to report quarterly loss at $0.52 per share on revenue of $2.20 billion.
&bull; General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) is expected to report quarterly earnings at $2.14 per share on revenue of $41.88 billion.
&bull; GE Aero (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) is estimated to report quarterly earnings at $0.65 per share on revenue of $15.34 billion.
&bull; Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) is projected to report quarterly earnings at $0.70 per share on revenue of $3.85 billion.
&bull; United Parcel Service (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>) is projected to report quarterly earnings at $1.30 per share on revenue of $21.87 billion.
&bull; Banc of California (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BANC#NYSE">BANC</a>) is projected to report quarterly earnings at $0.22 per share on revenue of $259.77 million.
&bull; Polaris (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PII#NYSE">PII</a>) is estimated to report quarterly earnings at $0.06 per share on revenue of $1.75 billion.
&bull; PepsiCo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) is projected to report quarterly earnings at $1.52 per share on revenue of $18.08 billion.
&bull; Kiniksa Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KNSA#NASDAQ">KNSA</a>) is expected to report quarterly loss at $0.18 per share on revenue of $79.61 million.
&bull; Xerox Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRX#NASDAQ">XRX</a>) is projected to report quarterly earnings at $0.35 per share on revenue of $1.53 billion.
&bull; Sherwin-Williams (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHW#NYSE">SHW</a>) is likely to report quarterly earnings at $2.21 per share on revenue of $5.49 billion.
&bull; Dime Community Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCOM#NASDAQ">DCOM</a>) is projected to report quarterly earnings at $0.39 per share on revenue of $72.52 million.
&bull; Preferred Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFBC#NASDAQ">PFBC</a>) is projected to report quarterly earnings at $2.38 per share on revenue of $66.30 million.
&bull; Halliburton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) is estimated to report quarterly earnings at $0.74 per share on revenue of $5.67 billion.
&bull; Peoples Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBO#NASDAQ">PEBO</a>) is estimated to report quarterly earnings at $0.80 per share on revenue of $109.74 million.
&bull; Pentair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNR#NYSE">PNR</a>) is projected to report quarterly earnings at $0.90 per share on revenue of $1.01 billion.
&bull; WR Berkley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRB#NYSE">WRB</a>) is expected to report quarterly earnings at $1.49 per share on revenue of $3.27 billion.
&bull; Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) is estimated to report quarterly earnings at $5.81 per share on revenue of $15.95 billion.
&bull; GATX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GATX#NYSE">GATX</a>) is estimated to report quarterly earnings at $1.76 per share on revenue of $375.80 million.
&bull; NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) is likely to report quarterly earnings at $0.73 per share on revenue of $5.92 billion.
&bull; Atlantic Union Bankshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AUB#NYSE">AUB</a>) is likely to report quarterly earnings at $0.72 per share on revenue of $181.92 million.
&bull; Invesco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVZ#NYSE">IVZ</a>) is estimated to report quarterly earnings at $0.39 per share on revenue of $1.09 billion.
&bull; Fiserv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>) is likely to report quarterly earnings at $1.79 per share on revenue of $4.58 billion.
&bull; NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) is projected to report quarterly earnings at $0.21 per share on revenue of $331.80 million.
&bull; Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) is likely to report quarterly earnings at $0.30 per share on revenue of $5.23 billion.
&bull; Cambridge (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CATC#NASDAQ">CATC</a>) is expected to report quarterly earnings at $1.01 per share on revenue of $38.05 million.
&bull; Webster Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBS#NYSE">WBS</a>) is projected to report quarterly earnings at $1.42 per share on revenue of $618.43 million.
&bull; Option Care Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPCH#NASDAQ">OPCH</a>) is projected to report quarterly earnings at $0.23 per share on revenue of $1.10 billion.
&bull; Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) is likely to report quarterly earnings at $1.62 per share on revenue of $5.08 billion.
&bull; Old National (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONB#NASDAQ">ONB</a>) is projected to report quarterly earnings at $0.43 per share on revenue of $439.87 million.
&bull; First BanCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBP#NYSE">FBP</a>) is estimated to report quarterly earnings at $0.37 per share on revenue of $205.74 million.
&bull; First Commonwealth (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCF#NYSE">FCF</a>) is expected to report quarterly earnings at $0.36 per share on revenue of $119.93 million.
&bull; Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) is estimated to report quarterly earnings at $0.45 per share on revenue of $81.04 million.
&bull; Popular (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BPOP#NASDAQ">BPOP</a>) is expected to report quarterly earnings at $1.89 per share on revenue of $560.41 million.
&bull; Danaher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>) is estimated to report quarterly earnings at $1.71 per share on revenue of $5.62 billion.
&bull; Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) is likely to report quarterly earnings at $1.41 per share on revenue of $8.46 billion.
&bull; Ryder System (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/R#NYSE">R</a>) is estimated to report quarterly earnings at $1.71 per share on revenue of $3.06 billion.
&bull; LKQ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LKQ#NASDAQ">LKQ</a>) is likely to report quarterly earnings at $0.95 per share on revenue of $3.77 billion.
&bull; PulteGroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHM#NYSE">PHM</a>) is expected to report quarterly earnings at $2.36 per share on revenue of $3.58 billion.
<h3>Companies Reporting After The Bell</h3>
&bull; Avangrid (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGR#NYSE">AGR</a>) is projected to report quarterly earnings at $0.73 per share on revenue of $2.63 billion.
&bull; Rush Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUSHB#NASDAQ">RUSHB</a>) is likely to report earnings for its first quarter.
&bull; Rush Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUSHA#NASDAQ">RUSHA</a>) is projected to report quarterly earnings at $0.82 per share on revenue of $1.88 billion.
&bull; AudioEye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEYE#NASDAQ">AEYE</a>) is likely to report quarterly loss at $0.08 per share on revenue of $8.03 million.
&bull; Stride (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LRN#NYSE">LRN</a>) is expected to report quarterly earnings at $1.43 per share on revenue of $507.18 million.
&bull; Zurn Elkay Water (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZWS#NYSE">ZWS</a>) is likely to report quarterly earnings at $0.26 per share on revenue of $368.99 million.
&bull; Renasant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNST#NYSE">RNST</a>) is projected to report quarterly earnings at $0.62 per share on revenue of $163.60 million.
&bull; KKR Real Estate Finance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KREF#NYSE">KREF</a>) is expected to report quarterly earnings at $0.38 per share on revenue of $44.35 million.
&bull; Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) is expected to report quarterly earnings at $0.40 per share on revenue of $6.38 billion.
&bull; Enphase Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) is likely to report quarterly earnings at $0.41 per share on revenue of $283.32 million.
&bull; Hanmi Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAFC#NASDAQ">HAFC</a>) is likely to report quarterly earnings at $0.52 per share on revenue of $59.03 million.
&bull; Matador Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTDR#NYSE">MTDR</a>) is likely to report quarterly earnings at $1.47 per share on revenue of $740.47 million.
&bull; Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) is likely to report quarterly earnings at $2.43 per share on revenue of $8.62 billion.
&bull; Chubb (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>) is likely to report quarterly earnings at $5.34 per share on revenue of $10.29 billion.
&bull; Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) is estimated to report quarterly earnings at $3.43 per share on revenue of $4.73 billion.
&bull; Flushing Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIC#NASDAQ">FFIC</a>) is expected to report quarterly earnings at $0.14 per share on revenue of $48.29 million.
&bull; CoStar Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSGP#NASDAQ">CSGP</a>) is estimated to report quarterly earnings at $0.07 per share on revenue of $649.60 million.
&bull; Seagate Tech Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>) is projected to report quarterly earnings at $0.27 per share on revenue of $1.67 billion.
&bull; Hawaiian Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HA#NASDAQ">HA</a>) is projected to report quarterly loss at $2.62 per share on revenue of $628.95 million.
&bull; Vicor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VICR#NASDAQ">VICR</a>) is expected to report quarterly earnings at $0.11 per share on revenue of $84.83 million.
&bull; Veritex Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBTX#NASDAQ">VBTX</a>) is projected to report quarterly earnings at $0.58 per share on revenue of $109.00 million.
&bull; Artisan Partners Asset (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APAM#NYSE">APAM</a>) is projected to report quarterly earnings at $0.73 per share on revenue of $265.60 million.
&bull; Enova International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENVA#NYSE">ENVA</a>) is expected to report quarterly earnings at $1.70 per share on revenue of $588.52 million.
&bull; Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is likely to report quarterly earnings at $0.51 per share on revenue of $21.27 billion.
&bull; EQT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) is likely to report quarterly earnings at $0.66 per share on revenue of $1.63 billion.
&bull; West Fraser Timber (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFG#NYSE">WFG</a>) is likely to report quarterly earnings at $0.26 per share on revenue of $2.01 billion.
&bull; Agree Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADC#NYSE">ADC</a>) is likely to report quarterly earnings at $1.01 per share on revenue of $148.23 million.
&bull; Highwoods Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIW#NYSE">HIW</a>) is projected to report quarterly earnings at $0.90 per share on revenue of $206.78 million.
&bull; Retail Opportunity (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROIC#NASDAQ">ROIC</a>) is likely to report quarterly earnings at $0.26 per share on revenue of $83.82 million.
&bull; Pebblebrook Hotel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEB#NYSE">PEB</a>) is likely to report quarterly earnings at $0.15 per share on revenue of $303.41 million.
&bull; Trustmark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMK#NASDAQ">TRMK</a>) is estimated to report quarterly earnings at $0.61 per share on revenue of $189.37 million.
&bull; Range Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RRC#NYSE">RRC</a>) is likely to report quarterly earnings at $0.61 per share on revenue of $695.20 million.
&bull; Mattel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>) is expected to report quarterly loss at $0.13 per share on revenue of $831.06 million.
&bull; EastGroup Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGP#NYSE">EGP</a>) is expected to report quarterly earnings at $2.01 per share on revenue of $152.09 million.
&bull; Manhattan Associates (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MANH#NASDAQ">MANH</a>) is likely to report quarterly earnings at $0.87 per share on revenue of $243.45 million.
&bull; QCR Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCRH#NASDAQ">QCRH</a>) is likely to report quarterly earnings at $1.30 per share on revenue of $58.85 million.
&bull; Wesbanco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSBC#NASDAQ">WSBC</a>) is estimated to report quarterly earnings at $0.55 per share on revenue of $116.64 million.
&bull; Premier Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFC#NASDAQ">PFC</a>) is likely to report quarterly earnings at $0.47 per share on revenue of $52.54 million.
&bull; Canadian National Railway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNI#NYSE">CNI</a>) is likely to report quarterly earnings at $1.28 per share on revenue of $3.14 billion.
&bull; Veralto (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLTO#NYSE">VLTO</a>) is expected to report quarterly earnings at $0.76 per share on revenue of $1.22 billion.
&bull; Equity Residential (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQR#NYSE">EQR</a>) is projected to report quarterly earnings at $0.90 per share on revenue of $726.32 million.
&bull; Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) is projected to report quarterly earnings at $1.07 per share on revenue of $3.61 billion.
&bull; iShares Frontier and Select EM ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FM#NYSE">FM</a>) is expected to report quarterly loss at $0.06 per share on revenue of $1.06 billion.
&bull; IDEX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IEX#NYSE">IEX</a>) is estimated to report quarterly earnings at $1.75 per share on revenue of $806.94 million.
&bull; Weatherford International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WFRD#NASDAQ">WFRD</a>) is likely to report quarterly earnings at $1.44 per share on revenue of $1.33 billion.
&bull; Bank of N.T Butterfield (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NTB#NYSE">NTB</a>) is estimated to report quarterly earnings at $0.98 per share on revenue of $137.26 million.
&bull; First Busey (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BUSE#NASDAQ">BUSE</a>) is expected to report quarterly earnings at $0.49 per share on revenue of $109.21 million.
&bull; East West Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWBC#NASDAQ">EWBC</a>) is likely to report quarterly earnings at $1.99 per share on revenue of $577.70 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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Earnings Scheduled For April 23, 2024

Janney Montgomery Scott analyst Daniel Cardenas initiates coverage on Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) with a Neutral rating.

Initiation

Janney Montgomery Scott Initiates Coverage On Sandy Spring Bancorp with Neutral Rating

Investors eagerly anticipate the dividend payout from Provident Finl Servs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFS#NYSE">PFS</a>) on February 23, 2024. With a payout of $0.24 per share and an annualized dividend yield of 5.47%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on February 08, 2024
<h3>Provident Finl Servs Recent Dividend Payouts</h3>
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<thead>
<tr>
<th>Ex-Date</th>
<th style="text-align: right;">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-08</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>5.47%</td>
<td>2024-01-25</td>
<td>2024-02-09</td>
<td>2024-02-23</td>
</tr>
<tr>
<td>2023-11-09</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>6.93%</td>
<td>2023-10-26</td>
<td>2023-11-10</td>
<td>2023-11-24</td>
</tr>
<tr>
<td>2023-08-10</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>4.96%</td>
<td>2023-07-27</td>
<td>2023-08-11</td>
<td>2023-08-25</td>
</tr>
<tr>
<td>2023-05-11</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>5.55%</td>
<td>2023-04-27</td>
<td>2023-05-12</td>
<td>2023-05-26</td>
</tr>
<tr>
<td>2023-02-09</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>4.29%</td>
<td>2023-01-27</td>
<td>2023-02-10</td>
<td>2023-02-24</td>
</tr>
<tr>
<td>2022-11-09</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>4.58%</td>
<td>2022-10-28</td>
<td>2022-11-10</td>
<td>2022-11-25</td>
</tr>
<tr>
<td>2022-08-11</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>4.01%</td>
<td>2022-07-29</td>
<td>2022-08-12</td>
<td>2022-08-26</td>
</tr>
<tr>
<td>2022-05-12</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>4.35%</td>
<td>2022-04-29</td>
<td>2022-05-13</td>
<td>2022-05-27</td>
</tr>
<tr>
<td>2022-02-10</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>4.07%</td>
<td>2022-01-28</td>
<td>2022-02-11</td>
<td>2022-02-25</td>
</tr>
<tr>
<td>2021-11-10</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>3.86%</td>
<td>2021-10-29</td>
<td>2021-11-12</td>
<td>2021-11-26</td>
</tr>
<tr>
<td>2021-08-12</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>4.23%</td>
<td>2021-07-30</td>
<td>2021-08-13</td>
<td>2021-08-27</td>
</tr>
<tr>
<td>2021-05-13</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>3.83%</td>
<td>2021-04-30</td>
<td>2021-05-14</td>
<td>2021-05-28</td>
</tr>
</tbody>
</table>
With a dividend yield that places it neither at the top nor the bottom, Provident Finl Servs finds itself in the middle among its industry peers, while Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) boasts the highest annualized dividend yield at 6.21%.
<h3>Analyzing Provident Finl Servs Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1708700720_0.png" alt="dividend chart graph" />
As you can see, from 2020 to 2023, investors saw an average increase in the company's dividend per share, rising from $0.92 in 2020 to $0.96 in 2023. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.
<h3>YoY Earnings Growth For Provident Finl Servs</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1708700720_1.png" alt="earning chart graph" />
The earnings chart above shows that from 2020 to 2023, Provident Finl Servs has experienced an increase in their earnings from $1.25 per share to $2.01 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
<h3>Recap</h3>
This article takes an in-depth look at Provident Finl Servs's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.24 per share today, translating to an annualized dividend yield of 5.47%.
With a dividend yield that places it neither at the top nor the bottom, Provident Finl Servs finds itself in the middle among its industry peers, while Sandy Spring Bancorp boasts the highest annualized dividend yield at 6.21%.
Given that Provident Finl Servs has experienced an increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
[Monitor live stock price updates for Provident Finl Servs on Benzinga.](https://www.benzinga.com/quote/Provident Finl Servs (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pfs#NYSE">PFS</a>))
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Dividends

Thriving with Robust Performance: Provident Finl Servs Delivers Growing Profits to Investors

By the end of today, February 21, 2024, Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) is set to deliver a dividend payout of $0.34 per share, equating to an annualized dividend yield of 5.58%. Shareholders who owned the stock prior to the ex-dividend date on February 13, 2024 will receive this payout.
<h3>Sandy Spring Bancorp Recent Dividend Payouts</h3>
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<thead>
<tr>
<th>Ex-Date</th>
<th style="text-align: right;">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-13</td>
<td style="text-align: right;">4</td>
<td>$0.34</td>
<td>5.58%</td>
<td>2024-02-01</td>
<td>2024-02-14</td>
<td>2024-02-21</td>
</tr>
<tr>
<td>2023-11-07</td>
<td style="text-align: right;">4</td>
<td>$0.34</td>
<td>6.92%</td>
<td>2023-10-26</td>
<td>2023-11-08</td>
<td>2023-11-15</td>
</tr>
<tr>
<td>2023-08-08</td>
<td style="text-align: right;">4</td>
<td>$0.34</td>
<td>5.41%</td>
<td>2023-07-27</td>
<td>2023-08-09</td>
<td>2023-08-16</td>
</tr>
<tr>
<td>2023-05-09</td>
<td style="text-align: right;">4</td>
<td>$0.34</td>
<td>6.17%</td>
<td>2023-04-27</td>
<td>2023-05-10</td>
<td>2023-05-17</td>
</tr>
<tr>
<td>2023-02-07</td>
<td style="text-align: right;">4</td>
<td>$0.34</td>
<td>3.95%</td>
<td>2023-01-26</td>
<td>2023-02-08</td>
<td>2023-02-15</td>
</tr>
<tr>
<td>2022-11-08</td>
<td style="text-align: right;">4</td>
<td>$0.34</td>
<td>4.03%</td>
<td>2022-10-27</td>
<td>2022-11-09</td>
<td>2022-11-16</td>
</tr>
<tr>
<td>2022-08-09</td>
<td style="text-align: right;">4</td>
<td>$0.34</td>
<td>3.33%</td>
<td>2022-07-28</td>
<td>2022-08-10</td>
<td>2022-08-17</td>
</tr>
<tr>
<td>2022-05-10</td>
<td style="text-align: right;">4</td>
<td>$0.34</td>
<td>3.4%</td>
<td>2022-04-28</td>
<td>2022-05-11</td>
<td>2022-05-18</td>
</tr>
<tr>
<td>2022-02-17</td>
<td style="text-align: right;">4</td>
<td>$0.34</td>
<td>2.85%</td>
<td>2022-01-27</td>
<td>2022-02-18</td>
<td>2022-02-28</td>
</tr>
<tr>
<td>2021-11-09</td>
<td style="text-align: right;">4</td>
<td>$0.32</td>
<td>2.76%</td>
<td>2021-10-28</td>
<td>2021-11-10</td>
<td>2021-11-17</td>
</tr>
<tr>
<td>2021-08-10</td>
<td style="text-align: right;">4</td>
<td>$0.32</td>
<td>3.07%</td>
<td>2021-07-29</td>
<td>2021-08-11</td>
<td>2021-08-18</td>
</tr>
<tr>
<td>2021-05-11</td>
<td style="text-align: right;">4</td>
<td>$0.32</td>
<td>2.85%</td>
<td>2021-04-29</td>
<td>2021-05-12</td>
<td>2021-05-19</td>
</tr>
</tbody>
</table>
Sandy Spring Bancorp's dividend yield falls in the middle range when compared to its industry peers, with Provident Finl Servs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFS#NYSE">PFS</a>) having the highest annualized dividend yield at 6.21%.
<h3>Analyzing Sandy Spring Bancorp Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1708527918_0.png" alt="dividend chart graph" />
From 2020 to 2023, the company's dividend per share showed a positive trend, increasing steadily from $1.20 in 2020 to $1.36 in 2023. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
<h3>YoY Earnings Growth For Sandy Spring Bancorp</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1708527918_1.png" alt="earning chart graph" />
The earnings chart above shows that from 2020 to 2023, Sandy Spring Bancorp has experienced an increase in their earnings from $2.93 per share to $3.17 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
<h3>Recap</h3>
This article provides an in-depth analysis of Sandy Spring Bancorp's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.34 per share, resulting in an annualized dividend yield of 5.58%.
Sandy Spring Bancorp's dividend yield falls in the middle range when compared to its industry peers, with Provident Finl Servs having the highest annualized dividend yield at 6.21%.
Considering the increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, Sandy Spring Bancorp appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
[Monitor live stock price updates for Sandy Spring Bancorp on Benzinga.](https://www.benzinga.com/quote/Sandy Spring Bancorp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sasr#NASDAQ">SASR</a>))
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Elevating Investor Returns: Sandy Spring Bancorp Delivers Strong Performance and Growing Profits

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ZION

Shares of several bank stocks are trading lower after January CPI data showed a greater-than-expected rise in inflation, which increased uncertainty surrounding future rate cuts.

Stephens &amp; Co. analyst Russell Gunther maintains Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) with a Equal-Weight and lowers the price target from $28 to $27.

Stephens & Co. Maintains Equal-Weight on Sandy Spring Bancorp, Lowers Price Target to $27

Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) reported quarterly Adj earnings of $0.60 per share which beat the analyst consensus estimate of $0.52 by 15.38 percent. This is a 24.05 percent decrease over earnings of $0.79 per share from the same period last year. The company reported quarterly sales of $81.70 million which missed the analyst consensus estimate of $83.53 million by 2.20 percent. This is a 23.39 percent decrease over sales of $106.64 million the same period last year.

Sandy Spring Bancorp Q4 Adj EPS $0.60 Beats $0.52 Estimate, Sales $81.70M Miss $83.53M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Webster Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBS#NYSE">WBS</a>) is estimated to report quarterly earnings at $1.46 per share on revenue of $603.11 million.
&bull; Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) is expected to report quarterly earnings at $7.26 per share on revenue of $17.97 billion.
&bull; Invesco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVZ#NYSE">IVZ</a>) is expected to report quarterly earnings at $0.40 per share on revenue of $1.12 billion.
&bull; Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) is expected to report quarterly earnings at $0.52 per share on revenue of $83.53 million.
&bull; RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) is estimated to report quarterly earnings at $1.25 per share on revenue of $19.73 billion.
&bull; Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) is likely to report quarterly earnings at $1.70 per share on revenue of $21.47 billion.
&bull; Halliburton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) is projected to report quarterly earnings at $0.80 per share on revenue of $5.78 billion.
&bull; Community Bank System (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBU#NYSE">CBU</a>) is projected to report quarterly earnings at $0.84 per share on revenue of $175.03 million.
&bull; Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) is projected to report quarterly earnings at $2.28 per share on revenue of $20.99 billion.
&bull; General Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) is likely to report quarterly earnings at $0.90 per share on revenue of $17.42 billion.
&bull; Synchrony Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>) is likely to report quarterly earnings at $0.93 per share on revenue of $4.47 billion.
&bull; Peoples Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBO#NASDAQ">PEBO</a>) is projected to report quarterly earnings at $0.96 per share on revenue of $114.16 million.
&bull; Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) is likely to report quarterly earnings at $1.08 per share on revenue of $34.58 billion.
&bull; MakeMyTrip (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMYT#NASDAQ">MMYT</a>) is projected to report quarterly earnings at $0.24 per share on revenue of $208.59 million.
&bull; 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) is expected to report quarterly earnings at $2.31 per share on revenue of $7.70 billion.
&bull; Atlantic Union Bankshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AUB#NYSE">AUB</a>) is likely to report quarterly earnings at $0.75 per share on revenue of $179.29 million.
&bull; Old National (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONB#NASDAQ">ONB</a>) is expected to report quarterly earnings at $0.48 per share on revenue of $449.00 million.
&bull; Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) is projected to report quarterly earnings at $0.50 per share on revenue of $272.37 million.
&bull; D.R. Horton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) is likely to report quarterly earnings at $2.88 per share on revenue of $7.60 billion.
&bull; GATX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GATX#NYSE">GATX</a>) is expected to report quarterly earnings at $1.58 per share on revenue of $365.40 million.
&bull; PACCAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>) is estimated to report quarterly earnings at $2.21 per share on revenue of $8.34 billion.
&bull; Telefonaktiebolaget L M (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIC#NASDAQ">ERIC</a>) is projected to report quarterly earnings at $0.16 per share on revenue of $7.00 billion.
<h3>Companies Reporting After The Bell</h3>
&bull; Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) is expected to report quarterly earnings at $0.48 per share on revenue of $6.92 billion.
&bull; Canadian National Railway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNI#NYSE">CNI</a>) is expected to report quarterly earnings at $1.46 per share on revenue of $3.23 billion.
&bull; Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) is expected to report quarterly earnings at $2.66 per share on revenue of $4.14 billion.
&bull; Stride (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LRN#NYSE">LRN</a>) is likely to report quarterly earnings at $1.31 per share on revenue of $500.85 million.
&bull; Wesbanco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSBC#NASDAQ">WSBC</a>) is likely to report quarterly earnings at $0.56 per share on revenue of $116.77 million.
&bull; Premier Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFC#NASDAQ">PFC</a>) is likely to report quarterly earnings at $0.58 per share on revenue of $53.87 million.
&bull; NBT Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBTB#NASDAQ">NBTB</a>) is estimated to report quarterly earnings at $0.75 per share on revenue of $139.00 million.
&bull; National Bank Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NBHC#NYSE">NBHC</a>) is likely to report quarterly earnings at $0.82 per share on revenue of $103.96 million.
&bull; Intuitive Surgical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) is expected to report quarterly earnings at $1.48 per share on revenue of $1.87 billion.
&bull; QCR Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCRH#NASDAQ">QCRH</a>) is likely to report quarterly earnings at $1.35 per share on revenue of $58.53 million.
&bull; Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) is expected to report quarterly earnings at $2.22 per share on revenue of $8.71 billion.
&bull; RF Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RFIL#NASDAQ">RFIL</a>) is likely to report quarterly loss at $0.04 per share on revenue of $16.70 million.
&bull; Renasant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNST#NYSE">RNST</a>) is projected to report quarterly earnings at $0.64 per share on revenue of $162.85 million.
&bull; Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) is expected to report quarterly earnings at $1.46 per share on revenue of $4.12 billion.
&bull; East West Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWBC#NASDAQ">EWBC</a>) is projected to report quarterly earnings at $1.89 per share on revenue of $576.55 million.
&bull; Triumph Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TFIN#NASDAQ">TFIN</a>) is likely to report quarterly earnings at $0.40 per share on revenue of $106.85 million.
&bull; First Busey (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BUSE#NASDAQ">BUSE</a>) is estimated to report quarterly earnings at $0.49 per share on revenue of $107.87 million.
&bull; Hanmi Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAFC#NASDAQ">HAFC</a>) is estimated to report quarterly earnings at $0.59 per share on revenue of $63.15 million.
&bull; Business First Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BFST#NASDAQ">BFST</a>) is projected to report quarterly earnings at $0.60 per share on revenue of $62.47 million.
&bull; Veritex Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBTX#NASDAQ">VBTX</a>) is projected to report quarterly earnings at $0.62 per share on revenue of $110.66 million.
&bull; Covenant Logistics Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVLG#NASDAQ">CVLG</a>) is projected to report quarterly earnings at $1.03 per share on revenue of $281.75 million.
&bull; Trustmark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMK#NASDAQ">TRMK</a>) is expected to report quarterly earnings at $0.57 per share on revenue of $187.63 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

BFST

CVLG

ERIC

ISRG

MMYT

NBTB

NFLX

PCAR

RFIL

TFIN

Earnings Scheduled For January 23, 2024

Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) is set to give its latest quarterly earnings report on Tuesday, 2024-01-23. Here's what investors need to know before the announcement.
Analysts estimate that Sandy Spring Bancorp will report an earnings per share (EPS) of $0.52. 
Sandy Spring Bancorp bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.06, which was followed by a 1.11% drop in the share price the next day.
Here's a look at Sandy Spring Bancorp's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.56</td>
<td>0.66</td>
<td>0.67</td>
<td>0.92</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.62</td>
<td>0.60</td>
<td>1.16</td>
<td>0.79</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-1.11%</td>
<td>4.27%</td>
<td>1.08%</td>
<td>2.57%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1705942850_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Sandy Spring Bancorp were trading at $25.62 as of January 19. Over the last 52-week period, shares are down 24.13%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. 
<a href="https://www.benzinga.com/quote/SASR/earnings">To track all earnings releases for Sandy Spring Bancorp visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview: Sandy Spring Bancorp

<h3>Understanding Value Stocks</h3>
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. 
<h2>Below is a list of notable value stocks in the financial services sector:</h2>
<ol>
<li>Universal Insurance Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UVE#NYSE">UVE</a>) - P/E: 7.01</li>
<li>Premier Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFC#NASDAQ">PFC</a>) - P/E: 6.85</li>
<li>Community Trust Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTBI#NASDAQ">CTBI</a>) - P/E: 8.68</li>
<li>First United (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUNC#NASDAQ">FUNC</a>) - P/E: 7.25</li>
<li>Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) - P/E: 8.66</li>
</ol>
Universal Insurance Hldgs saw a decrease in earnings per share from 0.87 in Q2 to $-0.16 now. Premier Financial saw an increase in earnings per share from 0.68 in Q2 to $0.69 now. Most recently, the company reported a dividend yield of 7.52%, which has increased by 1.03% from last quarter's yield of 6.49%.
Community Trust Bancorp saw a decrease in earnings per share from 1.15 in Q3 to $1.04 now. Most recently, the company reported a dividend yield of 5.06%, which has increased by 0.12% from last quarter's yield of 4.94%.
First United has reported Q3 earnings per share at $0.67, which has increased by 1.52% compared to Q2, which was 0.66. The company's most recent dividend yield sits at 4.41%, which has decreased by 0.53% from 4.94% last quarter. 
Sandy Spring Bancorp's earnings per share for Q3 sits at $0.62, whereas in Q2, they were at 0.6. Most recently, the company reported a dividend yield of 6.92%, which has increased by 1.51% from last quarter's yield of 5.41%.
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

CTBI

FUNC

5 Value Stocks In The Financial Services Sector

AGBA

AMAL

AMTB

BANR

BBVA

BHLB

BMRC

BRKL

BSAC

BYFC

CACC

CBSH

CINF

CLBK

CMTG

CNOB

EGBN

FBNC

FMAO

FRGE

FRME

GRNQ

HBNC

HMST

HOPE

HTLF

INBK

INTR

ITCL

Janus Henderson Group plc Ordinary Shares

KRNY

LBAI

LKFN

LMND

METROCITY BANKSHARES INC by MetroCity Bankshares Inc.

MCBS

MHLD

NOAH

OCFC

Shares of broader financial stocks are trading higher amid overall market strength after October CPI data showed softer-than-expected inflation.

An update from Sandy Spring Bancorp (SASR) is now available. Sandy Spring Bank has released additional details about its quarterly performance and ...

Sandy Spring Bancorp Offers Insightful Quarterly Performance Data

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Sandy Spring Bancorp (NASDAQ:<a href="https://investorplace.com/stock-quotes/sasr-stock-quote/">SASR</a>) just reported results for the second quarter of 2024.<ul><li>Sandy Spring Bancorp reported earnings per share of 54 cents. This was above the analyst estimate for EPS of 43 cents.</li><li>The company reported revenue of $80.29 million.</li><li>This was 1.94% worse than the analyst estimate for revenue of $81.87 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/07/sasr-stock-earnings-sandy-spring-bancorp-for-q2-of-2024/">SASR Stock Earnings: Sandy Spring Bancorp Beats EPS, Misses Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

SASR Stock Earnings: Sandy Spring Bancorp Beats EPS, Misses Revenue for Q2 2024

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