Recap: Cambridge Q2 Earnings

 

Shares of Cambridge CATC were unchanged after the company reported Q2 results.

Quarterly Results

Earnings per share were up 50.00% year over year to $1.98, which beat the estimate of $1.80.

Revenue of $43,287,000 higher by 14.63% year over year, which beat the estimate of $41,850,000.

Outlook

Cambridge hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jul 20, 2021

Time: 10:00 AM

ET Webcast URL: https://services.choruscall.com/mediaframe/webcast.html?webcastid=yBbgsgll

Recent Stock Performance

52-week high: $89.50

Company's 52-week low was at $47.75

Price action over last quarter: Up 1.05%

Company Overview

Cambridge Bancorp is a United States-based bank holding company. It offers banking services such as deposit accounts, online & mobile banking, business banking, wealth planning, and other services. Its loan portfolio comprises Residential & commercial mortgages, Home equity, Commercial & Industrial, and Consumer.

Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...