Cadence Bank (CADE) Q1 Earnings Forecast and Performance Trends

Summary:

• Cadence Bank (CADE, Financial) anticipates a 3.2% EPS growth in its upcoming Q1 earnings.
• Analysts forecast a 37.13% potential upside based on current price targets.
• Current market sentiment rates CADE as “Outperform” with a GF Value upside of 17.56%.

Introduction to Cadence Bank’s Earnings Outlook

As Cadence Bank (CADE) prepares to unveil its Q1 earnings on April 21st post-market, investor anticipation is palpable. Analysts have pegged an earnings per share (EPS) of $0.64, reflecting a 3.2% increase compared to the same quarter last year, alongside projected revenues of $451.05 million. Historically, CADE has a success rate of 63% in surpassing EPS estimates, although it only meets 25% of revenue expectations. Notably, recent trends show a predominance of EPS downgrades, with revenue predictions holding steady without positive revisions.

Insightful Wall Street Analyst Forecasts

In accordance with the evaluations by 11 professional analysts, Cadence Bank (CADE, Financial) is earmarked with an average one-year price target of $38.27. This forecast oscillates between a high of $42.00 and a low of $33.00, suggesting a promising 37.13% upside from the prevailing price of $27.91. For more intricate estimate details, visit the Cadence Bank (CADE) Forecast page.

Brokerage Recommendations and Market Sentiment

The consensus from 11 brokerage firms assigns Cadence Bank (CADE, Financial) an average recommendation score of 2.3, interpreting the stock as “Outperform.” This rating is based on a scale where 1 represents a Strong Buy, ascending to 5, which denotes a Sell rating.

GF Value Analysis and Future Outlook

According to GuruFocus estimates, the GF Value for Cadence Bank (CADE, Financial) stands at $32.81 for the upcoming year. This positions the stock at a potential 17.56% upside from its current standing of $27.91. The GF Value reflects GuruFocus’ fair value estimation, calculated using historical trading multiples, past business growth, and future performance projections. More comprehensive data is accessible on the Cadence Bank (CADE) Summary page.