Colony Bankcorp Inc expected to post earnings of 32 cents a share - Earnings Preview

Colony Bankcorp

22/01/2024 21:23

* Colony Bankcorp Inc  CBAN.OQ   CBAN.O  is expected to show
a
fall in quarterly revenue when it reports  results on January 24
for the period ending December 31 2023
    * The Fitzgerald Georgia-based  company is expected to
report a
2.4% decrease in revenue to $28.4 million from $29.09 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 32 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 $13.50​, above​ its last closing price of $12.40. ​​​

This summary was machine generated January 22 at 21:23 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)