Colony Bankcorp Inc reports results for the quarter ended in December - Earnings Summary

Colony Bankcorp

26/01/2023 22:47

* Colony Bankcorp Inc  CBAN.OQ  reported quarterly adjusted
earnings of 31 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 35 cents per share.
    * Revenue fell 2.5% to $29.09 million from a year ago;
analysts
expected $29.68 million. 
    * Colony Bankcorp Inc's reported EPS for the quarter was 31
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Colony Bankcorp Inc shares had risen by 0.9% this quarter.
    * The company reported quarterly net income of $5.55
million.
    * Wall Street's median 12-month price target for Colony
Bankcorp
Inc is $16.00 
    * 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." 

This summary was machine generated from Refinitiv data January
26 at 10:47 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.35           0.31           Missed
 Sep. 30 2022      0.37           0.30           Missed
 Jun. 30 2022      0.41           0.30           Missed
 Mar. 31 2022      0.39           0.37           Missed