Community Trust Bancorp Inc reports results for the quarter ended March 31 - Earnings Summary

• Community Trust Bancorp Inc CTBI.OQ reported quarterly adjusted earnings of $1.22​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.04. The mean expectation of three analysts for the quarter was for earnings of $1.19 per share. Wall Street expected results to range from $1.15 to $1.24 per share.

• Revenue rose 12.7% to $66.16 million from a year ago; analysts expected $64.92 million.

• Community Trust Bancorp Inc's reported EPS for the quarter was $1.22​.

• The company reported quarterly net income of $21.97 million.

• Community Trust Bancorp Inc shares had fallen by 6.6% this quarter and lost 11.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

• Wall Street's median 12-month price target for Community Trust Bancorp Inc is $60.00

This summary was machine generated from LSEG data April 16 at 12:45 p.m. UTC. ​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)