A Peek at Cadence Bank's Future Earnings

Cadence Bank CADE will release its quarterly earnings report on Monday, 2024-10-21. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Cadence Bank to report an earnings per share (EPS) of $0.64.

Anticipation surrounds Cadence Bank's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings Track Record

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:

Performance of Cadence Bank Shares

Shares of Cadence Bank were trading at $33.5 as of October 17. Over the last 52-week period, shares are up 68.51%. 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.