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Carter Bankshares Q4 Earnings Assessment

Author: Benzinga Insights | January 23, 2025 10:15am

Carter Bankshares (NASDAQ:CARE) just disclosed its Q4 earnings on Thursday, January 23, 2025 at 08:00 AM.

Here's a brief overview of the earnings report.

Earnings

Carter Bankshares beat estimated earnings by 61.0%, reporting an EPS of $0.37 versus an estimate of $0.23.

Revenue was up $3.85 million from the same period last year.

Historical Earnings Summary

The company beat on EPS by $0.01 in the last quarter, resulting in a 0.0% increase share price change the following day.

Here's a look at Carter Bankshares's past performance:

Quarter Q3 2024 Q2 2024 Q1 2024 Q4 2023
EPS Estimate 0.22 0.21 0.10 0.17
EPS Actual 0.23 0.21 0.24 -0.02
Revenue Estimate 35.52M 34.62M 32.79M 32.60M
Revenue Actual 34.22M 33.62M 33.46M 30.66M

To track all earnings releases for Carter Bankshares visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: CARE

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