Capital City Bank Group Inc reports results for the quarter ended in December - Earnings Summary

Capital City Bank

23/01/2024 13:40

* Capital City Bank Group Inc  CCBG.OQ  reported quarterly
adjusted earnings of 70 cents​​ per share for the quarter ended
in December, higher than the same quarter last year, when the
company reported EPS of 68 cents.  The mean expectation of
four analysts for the quarter was for earnings of 73 cents per
share. Wall Street expected results to range from 68 cents to 78
cents per share.
    * Revenue fell 4.7% to $56.33 million from a year ago;
analysts
expected $56.97 million. 
    * Capital City Bank Group Inc's reported EPS for the quarter
was
70 cents​.
    * The company reported quarterly net income of $11.72
million.
    * Capital City Bank Group Inc shares had fallen by 4.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 10.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Capital
City Bank
Group Inc is $33.00 

This summary was machine generated from LSEG data January 23 at
01:39 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.73           0.70           Missed
 Sep. 30 2023      0.84           0.78           Missed
 Jun. 30 2023      0.85           0.85           Met
 Mar. 31 2023      0.75           0.88           Beat