The upcoming report from Capital City Bank (CCBG - Free Report) is expected to reveal quarterly earnings of $0.70 per share, indicating a decline of 20.5% compared to the year-ago period. Analysts forecast revenues of $56.95 million, representing a decrease of 9.1% year over year.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
With that in mind, let's delve into the average projections of some Capital City Bank metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts predict that the 'Net Interest Margin [%]' will reach 4.1%. The estimate is in contrast to the year-ago figure of 4%.
The average prediction of analysts places 'Efficiency ratio' at 70.4%. The estimate is in contrast to the year-ago figure of 64.5%.
The collective assessment of analysts points to an estimated 'Total Non Interest Income' of $17.60 million. The estimate is in contrast to the year-ago figure of $22.25 million.
The consensus estimate for 'Net Interest Income' stands at $39.37 million. Compared to the current estimate, the company reported $40.39 million in the same quarter of the previous year.
View all Key Company Metrics for Capital City Bank here>>>
Shares of Capital City Bank have demonstrated returns of -5.1% over the past month compared to the Zacks S&P 500 composite's -1.1% change. With a Zacks Rank #3 (Hold), CCBG is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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The upcoming report from Capital City Bank (CCBG - Free Report) is expected to reveal quarterly earnings of $0.70 per share, indicating a decline of 20.5% compared to the year-ago period. Analysts forecast revenues of $56.95 million, representing a decrease of 9.1% year over year.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
With that in mind, let's delve into the average projections of some Capital City Bank metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts predict that the 'Net Interest Margin [%]' will reach 4.1%. The estimate is in contrast to the year-ago figure of 4%.
The average prediction of analysts places 'Efficiency ratio' at 70.4%. The estimate is in contrast to the year-ago figure of 64.5%.
The collective assessment of analysts points to an estimated 'Total Non Interest Income' of $17.60 million. The estimate is in contrast to the year-ago figure of $22.25 million.
The consensus estimate for 'Net Interest Income' stands at $39.37 million. Compared to the current estimate, the company reported $40.39 million in the same quarter of the previous year.
View all Key Company Metrics for Capital City Bank here>>>
Shares of Capital City Bank have demonstrated returns of -5.1% over the past month compared to the Zacks S&P 500 composite's -1.1% change. With a Zacks Rank #3 (Hold), CCBG is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Free Report – The Bitcoin Profit Phenomenon
Zacks Investment Research has released a Special Report to help you pursue massive profits from the world’s first and largest decentralized form of money.
No guarantees for the future, but in the past three presidential election years, Bitcoin’s returns were as follows: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%.
Zacks predicts another significant surge. Click below for Bitcoin: A Tumultuous Yet Resilient History.
Download Now – Today It’s FREE >>
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