A Look at Cadence Bank's Upcoming Earnings Report

Cadence Bank CADE is gearing up to announce its quarterly earnings on Monday, 2024-10-21. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Cadence Bank will report an earnings per share (EPS) of $0.64.

Investors in Cadence Bank are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings History Snapshot

Last quarter the company beat EPS by $0.08, which was followed by a 3.93% increase in the share price the next day.

Here's a look at Cadence Bank's past performance and the resulting price change:

Tracking Cadence Bank's Stock Performance

Shares of Cadence Bank were trading at $33.5 as of October 17. Over the last 52-week period, shares are up 68.66%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Cadence Bank visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.