A Look at Cadence Bank's Upcoming Earnings Report
Portfolio Pulse from Benzinga Insights
Cadence Bank (NYSE:CADE) is set to announce its quarterly earnings on October 21, 2024. Analysts expect an EPS of $0.64. The bank's past performance shows a tendency for stock price increases following earnings beats. Shares are currently trading at $33.5, up 68.66% over the past year.
October 18, 2024 | 3:03 pm
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Cadence Bank is expected to report an EPS of $0.64. Past earnings beats have led to stock price increases, suggesting potential positive movement if estimates are surpassed.
Cadence Bank's history of stock price increases following earnings beats suggests a likely positive impact on the stock price if the upcoming earnings surpass expectations. The current positive sentiment, as indicated by a 68.66% increase over the past year, further supports this potential outcome.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100