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Recap: Cambridge Q4 Earnings

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Benzinga Insights
·1 min read
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Shares of Cambridge (NASDAQ:CATC) moved higher by 0.3% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share rose 29.75% over the past year to $2.05, which beat the estimate of $1.95.

Revenue of $44,883,000 rose by 42.30% from the same period last year, which missed the estimate of $45,010,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

View more earnings on CATC

Cambridge hasn't issued any revenue guidance for the time being.

Recent Stock Performance

Company's 52-week high was at $78.06

Company's 52-week low was at $44.20

Price action over last quarter: Up 19.87%

Company Profile

Cambridge Bancorp operates as a bank. It offers banking services such as deposit accounts, online and mobile banking, business banking, residential lending, wealth planning and others. The bank generates its revenue in the form of interests.

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