The exciting news about Colony Bankcorp (NASDAQ: CBAN) will be shared on Wednesday 23rd October 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen after market close.
Financial analysts on Wall Street are predicting that the enterprise is about to reveal an estimated $0.32 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $28.7 million for this period.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $115.4 million for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $1.26 per share during the same period.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $0.34. This considerable sum was attributed to the company's total revenue, which reached an impressive $29.34 million during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.34 | +3.0% | 27.91 M | -0.8% |
| Q1 2024 | $0.33 | +6.5% | 28.14 M | -0.3% |
| Q4 2023 | $0.31 | 0% | 28.18 M | -3.1% |
| Q3 2023 | $0.34 | +13.3% | 29.34 M | +1.0% |
| Q2 2023 | $0.33 | +10.0% | 28.13 M | -3.7% |
| *Growth on year-over-year basis | ||||
CBAN has scheduled a conference call on 24th October 2024 at 09:00 AM eastern time to discuss the third quarter financial results and other related information.
Throughout Monday's trading, Colony Bankcorp (CBAN) shares fluctuated between $15.19 and $15.80, with a trading volume of 22.60 thousand shares. The stock ended the regular trading session at $15.19, marking fall of 3.06 percent.
