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Carter Bankshares, Inc. (CARE) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
CARECarter Bankshares(CARE) Zacks Investment Research·2024-01-25 16:31

For the quarter ended December 2023, Carter Bankshares, Inc. (CARE) reported revenue of 30.67million,down34.930.67 million, down 34.9% over the same period last year. EPS came in at -0.02, compared to 0.62intheyear−agoquarter.Thereportedrevenuerepresentsasurpriseof−5.980.62 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 ...