Shore Bancshares Q1 EPS $0.51 Beats $0.45 Estimate, Sales $52.555M Miss $55.650M Estimate

Shore Bancshares (NASDAQ:SHBI) reported quarterly earnings of $0.51 per share which beat the analyst consensus estimate of $0.45 by 13.33 percent. This is a 24.39 percent increase over earnings of $0.41 per share from the same period last year. The company reported quarterly sales of $52.555 million which missed the analyst consensus estimate of $55.650 million by 5.56 percent. This is a 14.18 percent increase over sales of $46.029 million the same period last year.