Camden National Corp expected to post earnings of $1.06 a share - Earnings Preview

Camden National

22/07/2022 16:20

* Camden National Corp  CAC.OQ   CAC.O  is expected to show
a rise
in quarterly revenue when it reports  results on July 26. 
    * The Camden Maine-based  company is expected to report  a
4.5% increase in revenue to $46.865 million from $44.85 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 $1.06 per share. For the same quarter last year,
the company reported earnings of $1.21 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 $49​, above​ its last closing price of $44.86. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  1.02        1.02       1.13      Beat    11.1
 Dec. 31 2022  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.        1.01        1.01       1.31      Beat    30.1
 31 2021                                                
 Dec. 31 2020  0.94        0.93       1.22      Beat    31.2​
 Sep. 30 2020  0.81        0.81       1.11      Beat    37
 Jun. 30 2020  0.74        0.73       0.73      Met     0.5
 This summary was machine generated July 22 at 15:20 GMT.  All
figures in US dollars  unless otherwise stated