Cadence Bancorp (NYSE:CADE) reported its Q4 earnings results on Tuesday, January 25, 2022 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
Cadence Bancorp beat estimated earnings by 31.25%, reporting an EPS of $-0.22 versus an estimate of $-0.32, which surprised analysts.
Revenue was up $8.58 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.17, which was followed by a 2.99% drop in the share price the next day.
Here's a look at Cadence Bancorp's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.50 | 0.51 | 0.47 | 1.48 |
| EPS Actual | 0.67 | 0.84 | 0.83 | 1.57 |
| Revenue Estimate | 180.08M | 177.91M | 181.26M | 341.92M |
| Revenue Actual | 198.24M | 185.01M | 186.44M | 366.49M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
