Colony Bankcorp Q3 EPS $0.34 Beats $0.32 Estimate, Sales $29.34M Beat $28.67M Estimate
Portfolio Pulse from vinayak@benzinga.com
Colony Bankcorp (NASDAQ:CBAN) reported Q3 earnings of $0.34 per share, beating the analyst consensus estimate of $0.32 by 6.25%. This is a 13.33% increase from the same period last year. The company also reported quarterly sales of $29.34 million, beating the analyst consensus estimate of $28.67 million by 2.33%. This is a 1.02% increase from the same period last year.
October 25, 2023 | 8:43 pm
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POSITIVE IMPACT
Colony Bankcorp's Q3 earnings and sales exceeded analyst estimates, indicating a positive financial performance.
Colony Bankcorp's Q3 earnings and sales beat analyst estimates, which is typically a positive signal for the company's financial health and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100