Cambridge Bancorp Q2 Adj EPS $1.23 Beats $1.18 Estimate, Sales $39.79M Miss $40.61M Estimate

Author: Benzinga Newsdesk | July 18, 2023 07:04am

Cambridge (NASDAQ:CATC) reported quarterly adj earnings of $1.23 per share which beat the analyst consensus estimate of $1.18 by 4.24 percent. This is a 35.26 percent decrease over earnings of $1.90 per share from the same period last year. The company reported quarterly sales of $39.79 million which missed the analyst consensus estimate of $40.61 million by 2.02 percent. This is a 12.22 percent decrease over sales of $45.33 million the same period last year.

Posted In: CATC