Cadence Bank Q3 EPS $0.56 Misses $0.57 Estimate
Portfolio Pulse from Benzinga Newsdesk
Cadence Bank (NYSE:CADE) reported Q3 earnings of $0.56 per share, missing the analyst consensus estimate of $0.57 by 1.75 percent. This represents a 28.21 percent decrease from the same period last year.
October 24, 2023 | 2:15 am
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Cadence Bank's Q3 earnings missed analyst estimates by 1.75%, and are down 28.21% YoY.
Earnings reports are a key indicator of a company's financial health. Cadence Bank's missed earnings and YoY decrease could negatively impact investor sentiment, potentially leading to a short-term decrease in stock price.
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