Camden National Corp expected to post earnings of $1.03 a share - Earnings Preview

Camden National

22/10/2021 13:38

* Camden National Corp  CAC.OQ   CAC.O  is expected to show a
fall in quarterly revenue when it reports results on October
26. 
* The Camden, Maine-based company is expected to report  a
4.7% decrease in revenue to $44.947 million from $47.18 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 $1.03 per share. For the same quarter last year,
the company reported earnings of $1.11 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 $50​, about 3.1% above​ its last closing price
of $48.43. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.94        0.93       1.22      Beat    31.2​
 Sep. 30 2020  0.81        0.81       1.11      Beat    37
 Jun.          0.74​       0.73       0.73      Met     0.5​
 30​ 2020​                                              
 Mar. 31 2020  0.69        0.69       0.89      Beat    28.4​
 Dec. 31 2019  0.89        0.89       0.99      Beat    10.7
 Sep. 30 2019  0.89        0.89       0.94      Beat    5.6
 This summary was machine generated October 22 at 12:38 GMT.  All
figures in US dollars unless otherwise stated