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

Camden National

27/01/2023 15:02

* Camden National Corp  CAC.OQ   CAC.O  is expected to show
a fall
in quarterly revenue when it reports  results on January 31. 
    * The Camden Maine-based  company is expected to report  a
0.5% decrease in revenue to $48.67 million from $48.9 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. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"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 $45​, above​ its last closing price of $41.12. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.10        1.09       0.97      Missed  -11.3
 Jun. 30 2022  1.06        1.06       1.02      Missed  -4
 Mar. 31 2022  1.02        1.02       1.13      Beat    11.1​
 Dec. 31 2021  1.04        1.04       1.11      Beat    6.5
 ​​Sep.        1.03        1.03       0.97      Missed  -5.8
 30 2021                                                
 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
 This summary was machine generated January 27 at 15:02 GMT.  All
figures in US dollars  unless otherwise stated