Carter Bankshares Inc expected to post earnings of 76 cents a share - Earnings Preview
Carter Bankshares Inc expected to post earnings of 76 cents a share - Earnings Preview
Carter Bankshares Inc CARE.OQ CARE.O is expected to show a rise in quarterly revenue when it reports results on July 22 (estimated) for the period ending June 30 2026
The Martinsville Virginia-based company is expected to report a 40.0% increase in revenue to $55.913 million from $39.93 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 76 cents per share.
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."
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 $28.50, about 14.5% below its last closing price of $33.35
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2026 | 2.80 | 2.74 | 0.40 | Missed | -85.4 |
Dec. 31 2026 | 0.35 | 0.35 | 0.41 | Beat | 17.1 |
Sep. 30 2025 | 0.42 | 0.41 | 0.26 | Missed | -37.1 |
Jun. 30 2025 | 0.32 | 0.32 | 0.41 | Beat | 26.8 |
Mar. 31 2025 | 0.29 | 0.28 | 0.39 | Beat | 37.6 |
Dec. 31 2024 | 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 |
This summary was machine generated July 20 at 12:46 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)
Recent news on Carter Bankshares
See all newsCarter Bankshares Inc reports results for the quarter ended June 30 - Earnings Summary
Carter Bankshares Q2 profit beats, boosted by gain from Bearing Insurance stake sale
Brief: Carter Bankshares Q2 EPS USD 1.31 Vs. IBES Estimate USD 0.76
Carter Bankshares Inc expected to post earnings of 76 cents a share - Earnings Preview
Carter Bankshares Q1 EPS beats estimates on loan sale gain