Camden National Corp expected to post earnings of $1.02 a share - Earnings Preview

Camden National

22/04/2022 15:28

* Camden National Corp  CAC.OQ   CAC.O  is expected to show
a fall
in quarterly revenue when it reports  results on April 26. 
    * The Camden Maine-based  company is expected to report  a
2.7% decrease in revenue to $46.3 million from $47.58 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Camden National
Corp is
for earnings of $1.02 per share. For the same quarter last year,
the company reported earnings of $1.31 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Camden
National
Corp is $52​, above​ its last closing price of $47.55. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  1.04        1.04       1.11      Beat    6.5
 Sep. 30 2021  1.03        1.03       0.97      Missed  -5.8
 Jun. 30 2021  1.15        1.14       1.21      Beat    5.9​
 Mar. 31 2021  1.01        1.01       1.31      Beat    30.1
 ​​Dec.        0.94        0.93       1.22      Beat    31.2
 31 2020                                                
 Sep. 30 2020  0.81        0.81       1.11      Beat    37​
 Jun. 30 2020  0.74        0.73       0.73      Met     0.5
 Mar. 31 2020  0.69        0.69       0.89      Beat    28.4
 This summary was machine generated April 22 at 14:28 GMT.  All
figures in US dollars  unless otherwise stated