Investing.com - Sandy Spring reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Sandy Spring announced earnings per share of $0.80 on revenue of $129.84. Analysts polled by Investing.com EPS of $1.00 on revenue of $131.13M.
Sandy Spring 's are down 9.69% and is trading at $38.24 , still down 26.52% from its 52 week high of $52.04 set on Thursday, January 13, 2022.
Sandy Spring follows other major Financial sector earnings this month
Sandy Spring's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, for EPS of $0.78 on revenue of $23.56B.
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