Salisbury Bancorp (SAL) got here out with quarterly earnings of $1.05 per share, beating the Zacks
Salisbury Bancorp (SAL) got here out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.83 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 17.98%. 1 / 4 in the past, it was anticipated that this financial institution holding firm would put up earnings of $0.83 per share when it truly produced earnings of $0.95, delivering a shock of 14.46%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates 3 times.
Salisbury Bancorp, which belongs to the Zacks Banks – Northeast trade, posted revenues of $10.29 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 5.91%. This compares to year-ago revenues of $10.59 million. The corporate has topped consensus income estimates two instances during the last 4 quarters.
The sustainability of the inventory’s instant value motion based mostly on the…