* Cambridge Bancorp is expected to show a fall in quarterly revenue when it reports results on April 23 for the period ending March 31 2024
* The Cambridge Massachusetts-based company is expected to report a 11.2% decrease in revenue to $38.055 million from $42.88 million a year ago, according to the estimate from one analyst, based on LSEG data.
* LSEG's mean analyst estimate for Cambridge Bancorp is for earnings of $1.02 per share.
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for Cambridge Bancorp is $79.00, above its last closing price of $60.65.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.95 0.94 1.11 Beat 18.7
Sep. 30 2023 1.07 1.07 1.15 Beat 8
Jun. 30 2023 1.18 1.18 1.23 Beat 4.1
Mar. 31 2023 1.92 1.92 1.62 Missed -15.5
Dec. 2.03 2.05 1.92 Missed -6.3
31 2022
Sep. 30 2022 2.10 2.08 2.09 Beat 0.3
Jun. 30 2022 1.88 1.88 1.90 Beat 1
Mar. 31 2022 1.82 1.81 1.89 Beat 4.6
This summary was machine generated April 19 at 12:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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