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

Camden National

31/10/2023 13:32

* Camden National Corp  CAC.OQ  reported quarterly adjusted
earnings of 67 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of 75 cents per share.
    * Revenue fell 10.6% to $40.52 million from a year ago;
analysts
expected $41.89 million. 
    * Camden National Corp's reported EPS for the quarter was 67
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Camden National Corp shares had risen by 1.0% this
quarter and
lost 31.6% so far this year.
    * The company reported quarterly net income of $9.79
million.
    * Wall Street's median 12-month price target for Camden
National
Corp is $34.00 
    * 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
October 31 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.75           0.67           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