ConnectOne Bancorp CNOB will release its quarterly earnings report on Thursday, 2024-10-24. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate ConnectOne Bancorp to report an earnings per share (EPS) of $0.45.
The announcement from ConnectOne Bancorp is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings Track Record
Last quarter the company beat EPS by $0.05, which was followed by a 2.26% increase in the share price the next day.
Here's a look at ConnectOne Bancorp's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.41 | 0.42 | 0.45 | 0.50 |
| EPS Actual | 0.46 | 0.41 | 0.50 | 0.51 |
| Price Change % | 2.0% | -1.0% | -2.0% | -6.0% |
Tracking ConnectOne Bancorp's Stock Performance
Shares of ConnectOne Bancorp were trading at $25.61 as of October 22. Over the last 52-week period, shares are up 52.35%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for ConnectOne Bancorp visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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