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

Camden National

25/07/2023 14:31

* Camden National Corp  CAC.OQ  reported quarterly adjusted
earnings of 85 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of 81 cents per share.
    * Revenue fell 10.2% to $42.80 million from a year ago;
analysts
expected $42.23 million. 
    * Camden National Corp's reported EPS for the quarter was 85
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.4%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Camden National Corp shares had risen by 10.0% this
quarter and
lost 18.3% so far this year.
    * The company reported quarterly net income of $12.39
million.
    * Wall Street's median 12-month price target for Camden
National
Corp is $33.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
25 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.81           0.85           Beat
 Mar. 31 2023      0.90           0.87           Missed
 Dec. 31 2022      1.06           1.05           Missed
 Sep. 30 2022      1.09           0.97           Missed