Carter Bankshares, Inc. (CARE) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended December 2023, Carter Bankshares, Inc. (CARE) reported revenue of $30.67 million, down 34.9% over the same period last year. EPS came in at -$0.02, compared to $0.62 in the year-ago quarter.The reported revenue represents a surprise of -5.98% over the Zacks Consensus Estimate of $32.62 million. With the consensus EPS estimate being $0.17, the EPS surprise was -111.76%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectatio ...