Camden National Corp reports results for the quarter ended in June - Earnings Summary

Camden National

26/07/2022 14:33

* Camden National Corp  CAC.OQ  reported quarterly adjusted
earnings of $1.02​​ per share for the quarter ended in June. The
mean expectation of four analysts for the quarter was
for earnings of $1.06 per share.
    * Revenue rose 6.3% to $47.68 million from a year ago;
analysts
expected $46.86 million. 
    * Camden National Corp's reported EPS for the quarter was
$1.02​.
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Camden National Corp shares had risen by 4.4% this
quarter and
lost 4.5% so far this year.
    * The company reported quarterly net income of $15.03
million.
    * Wall Street's median 12-month price target for Camden
National
Corp is $49.00 
    * 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." 

This summary was machine generated from Refinitiv data July 26
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.06           1.02           Missed
 Mar. 31 2022      1.02           1.13           Beat
 Dec. 31 2021      1.04           1.11           Beat
 Sep. 30 2021      1.03           0.97           Missed