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

Camden National

25/04/2023 14:31

* Camden National Corp  CAC.OQ  reported quarterly adjusted
earnings of 87 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 90 cents per share.
    * Revenue fell 0.3% to $44.15 million from a year ago;
analysts
expected $44.65 million. 
    * Camden National Corp's reported EPS for the quarter was 87
cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.5%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Camden National Corp shares had fallen by 8.0% this
quarter and
lost 20.2% so far this year.
    * The company reported quarterly net income of $12.73
million.
    * Wall Street's median 12-month price target for Camden
National
Corp is $39.00 
    * 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
April 25 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.90           0.87           Missed
 Dec. 31 2022      1.06           1.05           Missed
 Sep. 30 2022      1.09           0.97           Missed
 Jun. 30 2022      1.06           1.02           Missed