Carter Bankshares Q2 Adj. EPS $0.53 Misses $0.76 Estimate, Sales $45.262M Miss $55.913M Estimate
Carter Bankshares (NASDAQ:CARE) reported quarterly earnings of $0.53 per share which missed the analyst consensus estimate of $0.76 by 30.26 percent. This is a 29.27 percent increase over earnings of $0.41 per share
Carter Bankshares made less money than people expected this quarter—earnings were about 30% lower than the forecast. When a company misses its targets by this much, it's a sign to watch whether they're facing real challenges or if this is just a bump in the road.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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