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 anticipated EPS of $1.00 on revenue of $131.13M.
Sandy Spring shares are down 9.69% from the beginning of the year, still down 26.52% from its 52 week high of $52.04 set on January 13.
Sandy Spring follows other major Financial sector earnings this month
Sandy Spring's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts 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, compared to forecast for EPS of $0.78 on revenue of $23.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar