Earnings Preview: Cadence Bank
Portfolio Pulse from Benzinga Insights
Cadence Bank (NYSE:CADE) is scheduled to release its quarterly earnings report on Monday, 2024-01-29, with analysts expecting an EPS of $0.53. Investors are looking for an earnings beat and positive guidance for future growth. Cadence Bank's stock performance has been positive over the last year, with shares up 15.44%. The stock price reacted variably to past earnings performances, with the most recent quarter showing a 5.23% increase after an EPS miss.
January 26, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Cadence Bank is expected to report an EPS of $0.53 in its upcoming earnings, with investors focusing on potential earnings beat and future guidance. The stock has risen 15.44% over the past year, indicating a positive sentiment among long-term shareholders.
While the expected EPS is a key factor, the stock's reaction to the earnings report will likely hinge on whether Cadence Bank beats the estimate and provides strong future guidance. The past year's positive performance suggests optimism, but the mixed reactions to previous earnings indicate that the market's response could be unpredictable. Therefore, a neutral score is given with moderate confidence.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100