Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) is expected to report second quarter earnings results, after market close, on Thursday 23rd July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.19 per share.
Looking ahead, the full year income are expected at $ 0.79 per share on the revenues of $ 96.00 million.
Previous Quarter Performance
Atlantic Capital Bancshares, Inc. unwinded income for the first quarter of $ 0.10 per share, from the revenue of $ 23.62 million. The quarterly earnings contracted 61.54 percent while revenues raised 3.32 percent compared with the same quarter last year.
According to street consensus, ACBI was expected to report 1Q20 income of $ 0.25 per share from revenue of $ 22.62 million. The bottom line results missed street analysts by $ 0.15 or 60 percent, at the same time, top line results outshined analysts by $ 1.00 million or 4.42 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of ACBI was $ 11.05, representing a 24.30 % increase from the 52 week low of $ 8.89 and a 45.32 % decrease over the 52 week high of $ 20.21.
The company has a market capital of $ 237.14 million and is part of the Financial Services sector and Banks – Regional – US industry.
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Atlantic Capital Bancshares, Inc. operates as the bank holding company for Atlantic Capital Bank, N.A. that provides banking products and services in the Metropolitan Atlanta and rest of the United States.
