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

Colony Bankcorp

26/10/2023 24:21

* Colony Bankcorp Inc  CBAN.OQ  reported quarterly adjusted
earnings of 33 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 33 cents per share.
    * Revenue rose 1% to $29.34 million from a year ago;
analysts
expected $28.67 million. 
    * Colony Bankcorp Inc's reported EPS for the quarter was 33
cents​.
    * The mean earnings estimate of analysts had risen by
about 10.2%
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 fallen by 4.1% this
quarter and
lost 24.4% so far this year.
    * The company reported quarterly net income of $5.8 million.
    * Wall Street's median 12-month price target for Colony
Bankcorp
Inc is $14.00 
    * 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
October 25 at 11:20 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.33           0.33           Met
 Jun. 30 2023      0.29           0.33           Beat
 Mar. 31 2023      0.28           0.31           Beat
 Dec. 31 2022      0.35           0.31           Missed