Colony Bankcorp Inc expected to post earnings of 31 cents a share - Earnings Preview

Colony Bankcorp

22/07/2024 22:53

* Colony Bankcorp Inc  CBAN.OQ   CBAN.O  is expected to show
a
fall in quarterly revenue when it reports  results on July 24
for the period ending June 30 2024
    * The Fitzgerald Georgia-based  company is expected to
report a
1.2% decrease in revenue to $27.8 million from $28.13 million a
year ago, according to the estimate from one analyst, based on
LSEG data. (Sales/Revenue Majority Basis is on Total Revenue)
    * ​LSEG's mean analyst estimate for Colony Bankcorp Inc is
for
earnings of 31 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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 $13.38​, below​ its last closing price of $13.55. ​​​

This summary was machine generated July 22 at 21:53 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)