Orrstown Financial Services (ORRF) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Orrstown Financial Services (ORRF) is expected to report a year-over-year increase in earnings and revenues, but actual results compared to estimates will significantly impact its stock price [1][2]. Earnings Expectations - The consensus estimate for Orrstown's quarterly earnings is $0.95 per share, reflecting an 8$61.25 million, which is an 82.8% increase from the same quarter last year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 3.21%, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Orrstown is lower than the Zacks Consensus Estimate, leading to a negative Earnings ESP of -0.87% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likelihood of actual earnings deviating from consensus estimates, with positive readings being more predictive [6][7]. - A positive Earnings ESP combined with a strong Zacks Rank (1, 2, or 3) has shown a nearly 70% success rate in predicting earnings beats [8]. Historical Performance - In the last reported quarter, Orrstown was expected to earn $1.03 per share but only achieved$0.87, resulting in a surprise of -15.53% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Conclusion - Orrstown does not currently appear to be a strong candidate for an earnings beat, and investors should consider other factors before making investment decisions [16].