Colony Bankcorp，Inc.刚刚错过了收益-但分析师们更新了他们的模型

Colony Bankcorp, Inc. (NASDAQ:CBAN) just released its latest first-quarter report and things are not looking great. Colony Bankcorp missed earnings this time around, with US$28m revenue coming in 6.4% below what the analysts had modelled. Statutory earnings per share (EPS) of US$0.34 also fell short of expectations by 11%. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Colony Bankcorp after the latest results.

Check out our latest analysis for Colony Bankcorp

Taking into account the latest results, the most recent consensus for Colony Bankcorp from three analysts is for revenues of US$126.8m in 2022 which, if met, would be a notable 18% increase on its sales over the past 12 months. Per-share earnings are expected to leap 56% to US$1.69. In the lead-up to this report, the analysts had been modelling revenues of US$126.8m and earnings per share (EPS) of US$1.78 in 2022. The analysts seem to have become a little more negative on the business after the latest results, given the small dip in their earnings per share numbers for next year.

It might be a surprise to learn that the consensus price target was broadly unchanged at US$22.50, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Colony Bankcorp, with the most bullish analyst valuing it at US$24.00 and the most bearish at US$21.50 per share. This is a very narrow spread of estimates, implying either that Colony Bankcorp is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. The analysts are definitely expecting Colony Bankcorp's growth to accelerate, with the forecast 24% annualised growth to the end of 2022 ranking favourably alongside historical growth of 18% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 7.7% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Colony Bankcorp to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Colony Bankcorp analysts - going out to 2023, and you can see them free on our platform here.

And what about risks? Every company has them, and we've spotted 2 warning signs for Colony Bankcorp (of which 1 shouldn't be ignored!) you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.