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

Colony Bankcorp

21/04/2022 23:31

* Colony Bankcorp Inc  CBAN.OQ  reported quarterly adjusted
earnings of 37 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 39 cents per share.
    * Revenue rose 24% to $28.34 million from a year ago; 
analysts
expected $30.29 million. 
    * Colony Bankcorp Inc's reported EPS for the quarter was 34
cents​.
    * The mean earnings estimate of analysts had fallen by
about 20%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Colony Bankcorp Inc shares had fallen by 4.1% this
quarter and
gained 4.9% so far this year.
    * The company reported quarterly net income of $5.32
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 April 21 at 10:31 p.m.  ​All
figures in US dollars unless otherwise stated