Carter Bank and Trust reports results for the quarter ended in June - Earnings Summary

Carter Bankshares

04/08/2021 18:37

* Carter Bank and Trust  CARE.OQ  reported quarterly adjusted
earnings of 21 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 30 cents per share.
* Revenue rose 6.1% to $34.44 million from a year ago;  analysts
expected $32.81 million. 
* Carter Bank and Trust's reported EPS for the quarter was 21
cents​.
* The mean earnings estimate of analysts had risen by
about 32.4% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Carter Bank and Trust shares had fallen by 9.0% this
quarter and gained 6.2% so far this year.
* The company reported quarterly net income of $5.43 million.
* Wall Street's median 12-month price target for Carter Bank and
Trust is $15.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 4 at 05:37 p.m.  ​All
figures in US dollars unless otherwise stated