Earnings Outlook For Columbia Banking System
Portfolio Pulse from Benzinga Insights
Columbia Banking System (NASDAQ:COLB) is set to release its latest quarterly earnings report on October 18, 2023. Analysts estimate an earnings per share (EPS) of $0.71. The company's stock price has historically been affected by its earnings performance, with a miss in EPS last quarter leading to a 6.88% drop in share price. Over the last 52 weeks, shares are down 30.51%.
October 17, 2023 | 5:00 pm
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Columbia Banking System's upcoming earnings report could impact its stock price, as seen in previous quarters. The stock has been on a downward trend, with shares down 30.51% over the last 52 weeks.
Columbia Banking System's stock price has historically been affected by its earnings performance. Last quarter, the company missed its EPS estimate, which led to a 6.88% drop in share price the next day. Given that the stock has been on a downward trend over the last 52 weeks, investors may be bearish going into this earnings release.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100