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

Colony Bankcorp

21/07/2022 22:54

* Colony Bankcorp Inc  CBAN.OQ  reported quarterly adjusted
earnings of 30 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 41 cents per share.
    * Revenue rose 28.1% to $29.22 million from a year ago; 
analysts
expected $29.57 million. 
    * Colony Bankcorp Inc's reported EPS for the quarter was 19
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.7%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Colony Bankcorp Inc shares had risen by 2.2% this
quarter and
lost 9.7% so far this year.
    * The company reported quarterly net income of $3.42
million.
    * Wall Street's median 12-month price target for Colony
Bankcorp
Inc is $23.00 
    * 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." 

This summary was machine generated July 21 at 09:54 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.41           0.30           Missed
 Mar. 31 2022      0.39           0.37           Missed
 Dec. 31 2021      0.48           0.40           Missed
 Sep. 30 2021      0.35           0.57           Beat
 This summary was machine generated from Refinitiv data July 21
at 09:54 p.m