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CAREBearishEarningsnews
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Compared to Estimates, Carter Bankshares (CARE) Q1 Earnings: A Look at Key Metrics

Apr 25, 2024, 12:36 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Carter Bankshares reported $33.46 million in revenue, down 26.5% year-over-year. - EPS was $0.24, compared to $0.68 a year ago, beating estimates by +140.00%. - Key metrics like efficiency ratio and net interest margin were closely monitored by analysts. - Price Impact Rating: Bearish - Impact Horizon Rating: Short-term - Type: Earnings

  • Carter Bankshares reported $33.46 million in revenue, down 26.5% year-over-year.
  • EPS was $0.24, compared to $0.68 a year ago, beating estimates by +140.00%.
  • Key metrics like efficiency ratio and net interest margin were closely monitored by analysts.

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