Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

Recap: Community Trust Bancorp Q1 Earnings

Community Trust Bancorp (NASDAQ:CTBI) reported its Q1 earnings results on Wednesday, April 19, 2023 at 08:15 AM. Here’s…
byBenzinga Insights
April 19, 2023
1 minute read
Total
0
Shares
0
0
0
0
0
0

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.

 
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Share 0
Related Posts
Read More

Pervasip Reports Slight YoY Decrease In Q1 Revenue As It Prepares For Cannabis Spin-Off

By Jelena Martinovic
April 24, 12:46 PM
Pervasip announced on Tuesday its 2024 first-quarter financial results. Simultaneously, the Seattle, Washington-based company said it's still in the restructuring process and preparation for the spin-out of all of its cannabis assets. "We are entering our final phase of restructuring which involves making difficult decisions to ensure additional expense reductions and separating the company from assets it has held for many years," German Burtscher, Pervasip's president and chief executive officer, said. Additionally, as part of the restructuring, George Jordan has resigned from his duties as CFO and COO of the company and will stay on as an advisor, supporting management through its final phase of changes in preparation for the spin-out of Artizen Corporation.

PVSP