Camden National Corporation (NASDAQ: CAC) has set the date for the release of its third quarter financial results on Tuesday 29th October 2024, before market open. Investors and analysts will have a chance to analyze the company's performance during the quarter.
Based on the predictions of financial experts on Wall Street, the firm is expected to reveal an anticipated $0.83 profit per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $43.91 million for the quarter.
When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share income of $0.67. This results was derived from the company's total revenue, which reached an impressive $37.66 million during same quarter.
According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $172.93 million. Additionally, they forecast the earnings per share to hit profit of $3.38 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.81 | -4.7% | 42.83 M | +0.1% |
| Q1 2024 | $0.86 | -1.1% | 41.60 M | -5.8% |
| Q4 2023 | $0.85 | -19.0% | 38.70 M | -17.3% |
| Q3 2023 | $0.67 | -30.9% | 37.66 M | -21.2% |
| Q2 2023 | $0.85 | -16.7% | 42.80 M | -10.2% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 29th October 2024 at 03:00 PM eastern time to discuss Q3 financial results.
Camden National Corporation (CAC) closed Friday's regular trading session at $40.18, indicating a 2.21 percent decrease. The stock fluctuated between $40.11 and $41.44 during the day, with a volume of 43.90 thousand shares.
