Shore Bancshares Q2 EPS $0.46 Beats $0.41 Estimate, Sales $47.252M Beat $46.745M Estimate

Shore Bancshares (NASDAQ: SHBI) reported quarterly earnings of $0.46 per share which beat the analyst consensus estimate of $0.41 by 12.2 percent. This is a 35.29 percent increase over earnings of $0.34 per share from the same period last year. The company reported quarterly sales of $47.252 million which beat the analyst consensus estimate of $46.745 million by 1.08 percent. This is a 12.13 percent increase over sales of $42.140 million the same period last year.