Earnings Forecast

Colony Bankcorp's upcoming earnings report, scheduled for April 22, is expected to show a year-over-year increase in earnings and revenues. The Zacks Consensus Estimate predicts $0.45 per share in earnings, up 18.4% from the prior year, on revenues of $40.81 million, up 36%. The consensus estimate has been revised 6.82% higher over the last 30 days. However, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, resulting in an Earnings ESP (Expected Surprise Prediction) of 0%. With a Zacks Rank of #2 and recent history showing earnings beats two out of four quarters, investors should pay attention to other factors when deciding on this stock. An EPS surprise or miss may not be the sole basis for a stock's movement, but betting on stocks that are expected to beat earnings expectations does increase the odds of success.