Save the date! Thursday 24th October 2024, is when ConnectOne Bancorp (NASDAQ: CNOB) will be sharing its eagerly awaited third quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled before market open.
According to the forecasts of financial experts on Wall Street, the establishment is poised to announce an anticipated per share $0.44 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $63.55 million for this specific period.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $251.46 million. Additionally, they are expecting the company to report profit of $1.77 per share for the full year 2024.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of income of $0.51. This was credited to the company's total revenue, which reached an impressive $62.36 million in that particular timeframe.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.46 | -9.8% | 61.44 M | -3.8% |
| Q1 2024 | $0.41 | -30.5% | 60.30 M | -10.1% |
| Q4 2023 | $0.50 | -36.7% | 61.82 M | -20.8% |
| Q3 2023 | $0.51 | -27.1% | 62.36 M | -20.2% |
| Q2 2023 | $0.51 | -34.6% | 63.84 M | -15.5% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 24th October 2024 at 10:00 AM eastern time, in a conference call with public.
Tuesday's trading saw ConnectOne Bancorp (CNOB) shares hit a low of $25.26 and a high of $25.72, with a day volume of 189.70 thousand shares. The stock closed the regular trading session at $25.61, indicating 0.91 percent rise.
