Colony Bankcorp Inc expected to post earnings of 29  cents a share - Earnings Preview

Colony Bankcorp

24/07/2023 23:32

* Colony Bankcorp Inc  CBAN.OQ   CBAN.O  is expected to show
a
fall in quarterly revenue when it reports  results on July 26. 
    * The Fitzgerald Georgia-based  company is expected to
report  a
2.6% decrease in revenue to $28.466 million from $29.22 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Colony Bankcorp Inc
is
for earnings of 29 cents per share. 
    * 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."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Colony
Bankcorp
Inc is $14​, above​ its last closing price of $10.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.28        0.28       0.31      Beat    12
 Dec. 31 2023  0.35        0.35       0.31      Missed  -11.4
 Sep. 30 2022  0.37        0.37       0.30      Missed  -18.2​
 Jun. 30 2022  0.40        0.41       0.30      Missed  -26.2
 ​​Mar.        0.39        0.39       0.37      Missed  -5.7
 31 2022                                                
 Dec. 31 2021  0.49        0.48       0.40      Missed  -15.9​
 Sep. 30 2021  0.34        0.35       0.57      Beat    65.2
 Jun. 30 2021  0.50        0.50       0.49      Missed  -2
 This summary was machine generated July 24 at 22:32 GMT.  All
figures in US dollars  unless otherwise stated