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

Capital City Bank

23/07/2024 14:31

* Capital City Bank Group Inc  CCBG.OQ  reported quarterly
adjusted earnings of 83 cents​​ per share for the quarter ended
in June, lower than the same quarter last year, when the company
reported EPS of 85 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 70 cents to 74 cents per
share.
    * Revenue fell 6.4% to $58.88 million from a year ago;
analysts
expected $57.23 million. 
    * Capital City Bank Group Inc's reported EPS for the quarter
was
83 cents​.
    * The company reported quarterly net income of $14.15
million.
    * Capital City Bank Group Inc shares had risen by 14.8% this
quarter and gained 11.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for Capital City Bank
Group Inc is $33.50 
This summary was machine generated from LSEG data July 23 at
01:31 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
 Jun. 30 2024      0.73           0.83           Beat
 Mar. 31 2024      0.70           0.74           Beat
 Dec. 31 2023      0.73           0.70           Missed
 Sep. 30 2023      0.84           0.78           Missed