Carter Bankshares: Q1 Earnings Insights

Carter Bankshares CARE reported its Q1 earnings results on Tuesday, April 26, 2022 at 08:00 AM.

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

Earnings

Carter Bankshares beat estimated earnings by 20.0%, reporting an EPS of $0.36 versus an estimate of $0.3.

Revenue was down $1.92 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.13 which was followed by a 1.71% increase in the share price the next day.

To track all earnings releases for Carter Bankshares visit their earnings calendar here.

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