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

Colony Bankcorp

27/04/2023 23:22

* Colony Bankcorp Inc  CBAN.OQ  reported quarterly adjusted
earnings of 31 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 28 cents per share.
    * Revenue fell 0.4% to $28.23 million from a year ago;
analysts
expected $29.24 million. 
    * Colony Bankcorp Inc's reported EPS for the quarter was 29
cents​.
    * The mean earnings estimate of analysts had fallen by
about 21.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Colony Bankcorp Inc shares had fallen by 7.8% this
quarter and
lost 25.9% so far this year.
    * The company reported quarterly net income of $5.04
million.
    * Wall Street's median 12-month price target for Colony
Bankcorp
Inc is $15.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 10:22 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.28           0.31           Beat
 Dec. 31 2022      0.35           0.31           Missed
 Sep. 30 2022      0.37           0.30           Missed
 Jun. 30 2022      0.41           0.30           Missed