Camden National Q3 Adj $0.94 Beats $0.83 Estimate, Sales $44.99M Beat $43.91M Estimate
Portfolio Pulse from Benzinga Newsdesk
Camden National (NASDAQ:CAC) reported Q3 earnings of $0.94 per share, surpassing the $0.83 estimate and marking a 40.3% increase from last year. Sales reached $44.99M, beating the $43.91M estimate and showing a 19.48% increase from the previous year.
October 29, 2024 | 12:24 pm
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Camden National's Q3 earnings and sales exceeded expectations, with a significant year-over-year increase in both metrics.
Camden National's earnings per share and sales both exceeded analyst expectations, indicating strong financial performance. The significant year-over-year growth in both earnings and sales suggests positive momentum for the company, likely leading to a short-term increase in stock price.
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