Quite a few research analysts have already predicted that the stocks of COLB will be putting up an EPS of $0.67 for the quarter. According to a report, two of the investment analysts have already produced estimates into the earnings of the company. The lowest range has been set at $0.64, with the highest coming in at $0.72. The EPS reported by the company the previous year was $0.52 which indicates an annual growth rate of 28.8%. The company will be pushing its quarterly earnings results on the 22nd of July.
The Quarterly Reports Of COLB
COLB previously updated its quarterly results on the 29th of April. The provider of financial services reported an EPS of $0.73 which was more than the consensus estimate of $0.62. The revenue generated by the company during this period was $147.16 million which was slightly more than the consensus estimate of $147.12 million. The return on equity for the company was 8.32%, with a 30.91% net margin.
There have been quite a few research reports on the stocks of COLB. Piper Sandler has already reiterated a rating of neutral with a price target of $47 in a 3rd March research report. Zacks Investment Research has also increased the rating of the company from hold to buy with a price target of $49 in a 6th April research report. Keefe, Bruyette & Woods with a rating of market perform with a price target of $43 in a 29th January research report.
Four of the investment analysts have already given a rating of hold, with one other investment analyst issuing it with a rating of buy. Currently, COLB has a hold rating with a $46.33 price target.
