TowneBank reports results for the quarter ended in December - Earnings Summary

TowneBank

26/01/2023 15:15

* TowneBank  TOWN.OQ  reported quarterly adjusted earnings
of 64
cents​​ per share for the quarter ended in December. The lone
analyst forecast for the quarter was for earnings of 71 cents
per share.
    * Revenue rose 9.3% to $175.31 million from a year ago;
analysts
expected $179.80 million. 
    * TowneBank's reported EPS for the quarter was 64 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * TowneBank shares had fallen by 2.2% this quarter.
    * The company reported quarterly net income of $46.69
million.
    * Wall Street's median 12-month price target for TowneBank
is
$34.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
26 at 03:15 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.71           0.64           Missed
 Sep. 30 2022      0.67           0.69           Beat
 Jun. 30 2022      0.61           0.64           Beat
 Mar. 31 2022      0.58           0.63           Beat