Community Trust Bancorp Q2 EPS $1.09 Beats $1.04 Estimate
Portfolio Pulse from Benzinga Newsdesk
Community Trust Bancorp (NASDAQ:CTBI) reported Q2 earnings per share (EPS) of $1.09, surpassing the analyst consensus estimate of $1.04 by 4.81%. This marks a 0.93% increase from the same period last year.
July 17, 2024 | 12:18 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Community Trust Bancorp reported Q2 EPS of $1.09, beating the analyst estimate of $1.04 by 4.81%. This is a positive indicator for the company's financial health and could lead to a short-term increase in stock price.
The company's ability to surpass earnings estimates by 4.81% indicates strong financial performance. This positive earnings surprise is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100