Carter Bankshares Inc expected to post earnings of 32 cents a share - Earnings Preview

Carter Bankshares

21/07/2025 13:36

Carter Bankshares Inc CARE.OQ CARE.O is expected to  show a rise in quarterly revenue when it reports  results on July 23 (estimated) for the period ending June 30 2025

The Martinsville Virginia-based  company is expected to report a 11.9% increase in revenue to $37.334 million from $33.37 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Carter Bankshares Inc is for earnings of 32 cents per share.

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."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Carter Bankshares Inc is $21.00, about 13.5% above its last closing price of $18.17

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Mar. 31 2025
0.29
0.28
0.39
Beat
37.6
Dec. 31 2025
0.24
0.25
0.36
Beat
46.9
Sep. 30 2024
0.22
0.22
0.24
Beat
7.5​
Jun. 30 2024
0.21
0.21
0.21
Met
0
​​Mar. 31 2024
0.11
0.10
0.25
Beat
141.9
Dec. 31 2023
0.18
0.17
-0.08
Missed
-146.2​
Sep. 30 2023
0.19
0.20
0.16
Missed
-20
Jun. 30 2023
0.61
0.62
0.24
Missed
-61

This summary was machine generated July 21 at 12:36 GMT.  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)