Camden National Corp expected to post earnings of 89 cents a share - Earnings Preview

Camden National

24/01/2025 13:34

* Camden National Corp  CAC.OQ   CAC.O  is expected to show
a rise
in quarterly revenue when it reports  results on January 28 for
the period ending December 31 2024
    * The Camden Maine-based  company is expected to report a
16.9% increase in revenue to $45.234 million from $38.7 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data. (Sales/Revenue Majority Basis is on Total
Revenue)
    * ​LSEG's mean analyst estimate for Camden National Corp is
for
earnings of 89 cents per share. 
    * The current average analyst rating on the shares is "hold"
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 $49.00​, above​ its last closing price of $43.43. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.83        0.83       0.94      Beat    13.6
 Jun. 30 2024  0.71        0.71       0.81      Beat    14.7
 Mar. 31 2024  0.70        0.70       0.91      Beat    29.1​
 Dec. 31 2023  0.79        0.79       0.58      Missed  -26.3
 ​​Sep.        0.75        0.75       0.67      Missed  -10.4
 30 2023                                                
 Jun. 30 2023  0.78        0.81       0.85      Beat    5.6​
 Mar. 31 2023  0.87        0.90       0.87      Missed  -3
 Dec. 31 2022  1.06        1.06       1.05      Missed  -0.9
 This summary was machine generated January 24 at 13:34 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)