Community Trust Bancorp Q3 EPS $1.15 Beats $1.04 Estimate
Portfolio Pulse from Happy Mohamed
Community Trust Bancorp (NASDAQ:CTBI) reported Q3 earnings of $1.15 per share, beating the analyst consensus estimate of $1.04 by 10.58 percent. This represents a 6.48 percent increase over earnings of $1.08 per share from the same period last year.
October 18, 2023 | 12:23 pm
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Community Trust Bancorp's Q3 earnings exceeded analyst expectations by 10.58%, a positive sign for the company's financial performance.
Community Trust Bancorp's earnings beat the analyst consensus, which is typically a positive signal for the company's stock. Investors often react positively to earnings beats, which could drive the stock price up in the short term.
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