Cambridge Bancorp expected to post earnings of $1.03 a share - Earnings Preview

Reuters07-12

* Cambridge Bancorp is expected to show a fall in quarterly revenue when it reports results on July 16 (estimated) for the period ending June 30 2024

* The Cambridge Massachusetts-based company is expected to report a 1.2% decrease in revenue to $38 million from $38.45 million a year ago, according to the estimate from one analyst, based on LSEG data. (SAL is on Revenue basis)

* LSEG's mean analyst estimate for Cambridge Bancorp is for earnings of $1.03 per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "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 $73.90.

This summary was machine generated July 12 at 12:45 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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