Community Trust Bancorp: Q1 Earnings Insights

Community Trust Bancorp (NASDAQ:CTBI) reported its Q1 earnings results on Wednesday, April 19, 2023 at 08:15 AM. Here’s…

Community Trust Bancorp (NASDAQ:CTBI) reported its Q1 earnings results on Wednesday, April 19, 2023 at 08:15 AM.

Here’s what investors need to know about the announcement.

Earnings

Community Trust Bancorp missed estimated earnings by 2.7%, reporting an EPS of $1.08 versus an estimate of $1.11.

Revenue was up $2.60 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 3.04% drop in the share price the next day.

Here’s a look at Community Trust Bancorp’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.22 1.15 1.10 0.95
EPS Actual 1.26 1.08 1.14 1.11
Revenue Estimate 59.55M 57.15M 55.35M 53.75M
Revenue Actual 58.52M 58.22M 55.29M 55.00M

To track all earnings releases for Community Trust Bancorp visit their earnings calendar here.

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

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