Sandy Spring Bancorp Earnings: Your Sneak Peek to the Big Announcement

Sandy Spring Bancorp (NASDAQ:SASR) will report earnings before markets open on Thursday, July 18th. Sandy Spring Bancorp, Inc. is the holding company for Sandy Spring Bank. The Bank conducts a full-service commercial banking business through a network of offices located in Montgomery, Howard, Prince George’s, Anne Arundel, and Frederick counties in Maryland. The Company also operates Sandy Spring Insurance Company and The Equipment Leasing Company.

Here is your Cheat Sheet to Sandy Spring Bancorp Earnings:

Earnings Expectations: Analysts expect earnings of $0.39 per share on revenues of $32.40 million. Currently, the company’s P/E ratio stands at 15.08.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.37 to a profit $0.4. For the current year, the average estimate is a profit of $1.61, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Sandy Spring Bancorp has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 215 200 194 183 191
Diluted EPS ($) 0.94 -1.20 0.78 1.42 1.48

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 47.05 49.74 48.45 48.70
Diluted EPS ($) 0.30 0.44 0.40 0.42

Past Performance:
Sandy Spring Bancorp has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)