Recap: Carter Bankshares Q4 Earnings

Carter Bankshares CARE reported its Q4 earnings results on Thursday, January 27, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Carter Bankshares missed estimated earnings by 38.24%, reporting an EPS of $0.21 versus an estimate of $0.34, which surprised analysts.

Revenue was up $2.08 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14, which was followed by a 1.7% increase in the share price the next day.

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