Insights Ahead: Cadence Bank's Quarterly Earnings

Cadence Bank (NYSE:CADE) is set to give its latest quarterly earnings report on Monday, 2024-10-21. Here's what investors need to know before the announcement.

Analysts estimate that Cadence Bank will report an earnings per share (EPS) of $0.64.

Investors in Cadence Bank are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings Track Record

The company's EPS beat by $0.08 in the last quarter, leading to a 3.93% increase in the share price on the following day.

Here's a look at Cadence Bank's past performance and the resulting price change:

Quarter	Q2 2024	Q1 2024	Q4 2023	Q3 2023
EPS Estimate	0.61	0.55	0.53	0.57
EPS Actual	0.69	0.62	0.40	0.56
Price Change %	4.0%	4.0%	-6.0%	5.0%

Cadence Bank Share Price Analysis

Shares of Cadence Bank were trading at $33.5 as of October 17. Over the last 52-week period, shares are up 68.26%. Given that these returns are generally positive, long-term shareholders should be satisfied 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.