Save the date! Monday 21st October 2024, is when CNB Financial Corporation (NASDAQ: CCNE) 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 after market close.
According to financial analysts on Wall Street, the business is likely to announce an estimated per share $0.57 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $46.55 million during this period.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $0.6. This figure was attributed to the company's total revenue, which reached an impressive $47.24 million during that same period.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $185.28 million. Furthermore, they expect the business to achieve profit of $2.25 per share during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.56 | -8.2% | 45.72 M | -3.3% |
| Q1 2024 | $0.55 | -24.7% | 45.22 M | -5.1% |
| Q4 2023 | $0.62 | -11.4% | 47.69 M | -6.2% |
| Q3 2023 | $0.60 | -33.3% | 47.24 M | -5.4% |
| Q2 2023 | $0.61 | -28.2% | 47.26 M | +2.1% |
| *Growth on year-over-year basis | ||||
CNB Financial Corporation (CCNE) shares traded as low as $24.13 and as high as $25.05 on a day volume of 36.50 thousand shares, closed Thursday's regular trading session at $25.03, an upturn of 1.01 percent.
