Cambridge Bancorp-Cambridge (CATC) Q1 Earnings and Revenues Lag Estimates

Cambridge (CATC) came out with quarterly earnings of $1.02 per share, missing the Zacks Consensus Estimate of$ 1.05 per share. This compares to earnings of $1.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.86%. A quarter ago, it was expected that this bank would post earnings of$ 0.92 per share when it actually produced earnings of $1.11, delivering a surprise of 20.65%.Over the last four quarters, the company has surpa ...