Camden National Corp expected to post earnings of $1.09 a share - Earnings Preview

Camden National

21/10/2022 18:15

* Camden National Corp  CAC.OQ   CAC.O  is expected to show
a rise
in quarterly revenue when it reports  results on October 25. 
    * The Camden Maine-based  company is expected to report  a
6.9% increase in revenue to $49.021 million from $45.85 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Camden National
Corp is
for earnings of $1.09 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "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 $47​, above​ its last closing price of $42.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  1.03        1.03       0.97      Missed  -5.8
 ​​Jun.        1.15        1.14       1.21      Beat    5.9
 30 2021                                                
 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
 This summary was machine generated October 21 at 17:15 GMT.  All
figures in US dollars  unless otherwise stated