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

Carter Bankshares

29/04/2021 23:55

* Carter Bank and Trust  CARE.OQ  reported quarterly adjusted
earnings of 36 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 17 cents per share.
* Revenue fell 0.9% to $33.91 million from a year ago​; 
analysts expected $31.52 million.
* Carter Bank and Trust's reported EPS for the quarter was 36
cents​.
* The mean earnings estimate of analysts had risen by about 6.3%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* Carter Bank and Trust shares had fallen by 5.4% this
quarter and gained 23.1% so far this year.
* The company reported quarterly net income of $9.38 million.
* Wall Street's median 12-month price target for Carter Bank and
Trust is $14.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated April 29 at 10:55 p.m. GMT.
​All figures in US Dollars.​