TowneBank (NASDAQ:TOWN) Just Released Its Third-Quarter Earnings: Here's What Analysts Think [Yahoo! Finance]
Towne Bank (TOWN)
Last towne bank earnings: 4/27 08:30 am
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US:NASDAQ Investor Relations:
investor.townebank.com
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Source: Yahoo! Finance
Revenues came in 3.2% below expectations, at US$175m. Statutory earnings per share were relatively better off, with a per-share profit of US$0.57 being roughly in line with analyst estimates. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. See our latest analysis for TowneBank Taking into account the latest results, the most recent consensus for TowneBank from four analysts is for revenues of US$799.9m in 2025. If met, it would imply a notable 19% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to bounce 31% to US$2.65. Before this earnings report, the analysts had been forecasting revenues of US$799.9m and earnings per share (EPS) of US$2.66 in 2025. The consensus an
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News
- TowneBank Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- TowneBank Non-GAAP EPS of $0.58 beats by $0.02, revenue of $174.52M misses by $5.84M [Seeking Alpha]Seeking Alpha
- TowneBank Reports Third Quarter 2024 EarningsGlobeNewswire
- John Baiocco of TowneBank & Bryan Peckinpaugh of Baker Hill to Present at American Banker's Small Biz Banking Conference [Yahoo! Finance]Yahoo! Finance
- TowneBank (NASDAQ: TOWN) was upgraded by analysts at Keefe, Bruyette & Woods from a "market perform" rating to an "outperform" rating. They now have a $40.00 price target on the stock, up previously from $35.00.MarketBeat
TOWN
Earnings
- 10/23/24 - In-Line
TOWN
Analyst Actions
- 10/2/24 - Keefe, Bruyette & Woods