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

Colony Bankcorp

20/10/2022 23:35

* Colony Bankcorp Inc  CBAN.OQ  reported quarterly adjusted
earnings of 30 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of 37 cents per share.
    * Revenue rose 7% to $29.04 million from a year ago;
analysts
expected $31.69 million. 
    * Colony Bankcorp Inc's reported EPS for the quarter was 30
cents​.
    * The mean earnings estimate of analysts had fallen by
about 16.7%
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 6.2% this
quarter and
lost 18.9% so far this year.
    * The company reported quarterly net income of $5.25
million.
    * Wall Street's median 12-month price target for Colony
Bankcorp
Inc is $18.25 
    * 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 October
20 at 10:35 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.48           0.40           Missed