Results: Carter Bankshares, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts [Yahoo! Finance]
Carter Bankshares, Inc. (CARE)
NASDAQ:AMEX Investor Relations:
carterbankandtrust.com
Company Research
Source: Yahoo! Finance
Results look mixed - while revenue fell marginally short of analyst estimates at US$34m, statutory earnings beat expectations 7.5%, with Carter Bankshares reporting profits of US$0.24 per share. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. See our latest analysis for Carter Bankshares Taking into account the latest results, the most recent consensus for Carter Bankshares from three analysts is for revenues of US$160.0m in 2025. If met, it would imply a huge 25% increase on its revenue over the past 12 months. Per-share earnings are expected to bounce 468% to US$3.48. In the lead-up to this report, the analysts had been modelling revenues of US$158.6m and earnings per sha
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News
- Carter Bank Unveils New, Customer-Focused Brand IdentityBusiness Wire
- Carter Bankshares, Inc. (CARE) Meets Q3 Earnings Estimates [Yahoo! Finance]Yahoo! Finance
- Carter Bankshares, Inc. Announces Third Quarter 2024 Financial ResultsAccesswire
- Carter Bankshares, Inc. (NASDAQ: CARE) is now covered by analysts at Hovde Group. They set an "outperform" rating and a $22.00 price target on the stock.MarketBeat
- While institutions own 43% of Carter Bankshares, Inc. (NASDAQ:CARE), retail investors are its largest shareholders with 53% ownership [Yahoo! Finance]Yahoo! Finance
CARE
Earnings
- 10/24/24 - Beat
CARE
Sec Filings
- 11/1/24 - Form 8-K
- 10/24/24 - Form 8-K
- 8/28/24 - Form 8-K
- CARE's page on the SEC website