Towne Bank TOWN reported its Q3 earnings results on Thursday, October 27, 2022 at 08:30 AM.
Here's what investors need to know about the announcement.
Earnings
Towne Bank beat estimated earnings by 2.99%, reporting an EPS of $0.69 versus an estimate of $0.67.
Revenue was up $9.16 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 1.7% increase in the share price the next day.
Here's a look at Towne Bank's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 0.62 | 0.58 | 0.61 | 0.67 |
EPS Actual | 0.64 | 0.63 | 0.55 | 0.69 |
Revenue Estimate | 168.40M | 161.81M | 159.62M | 161.69M |
Revenue Actual | 166.98M | 165.41M | 160.42M | 170.08M |
To track all earnings releases for Towne Bank visit their earnings calendar here.
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.
Comments
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.