Colony Bankcorp Inc expected to post earnings of 41  cents a share - Earnings Preview

Colony Bankcorp

18/07/2022 22:28

* Colony Bankcorp Inc  CBAN.OQ   CBAN.O  is expected to show
a
rise in quarterly revenue when it reports  results on July 20
(estimated). 
    * The Fitzgerald Georgia-based  company is expected to
report  a
29.6% increase in revenue to $29.57 million from $22.82 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 41 cents per share. For the same quarter last
year, the company reported earnings of 49 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 Colony
Bankcorp
Inc is $23​, above​ its last closing price of $14.85. ​​​
    * 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 2022  0.39        0.39       0.37      Missed  -5.7
 Dec. 31 2022  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
 ​​Mar.        0.37        0.37       0.53      Beat    43.2
 31 2021                                                
 Dec. 31 2020  0.40        0.40       0.44      Beat    10​
 Sep. 30 2020  0.28        0.28       0.39      Beat    39.3
                                      0.25              
 This summary was machine generated July 18 at 21:28 GMT.  All
figures in US dollars  unless otherwise stated