ACNB (ACNB) Expected to Announce Earnings on Thursday

ACNB (NASDAQ:ACNB) will likely be releasing its earnings data before the market opens on Thursday, January 23rd. Analysts expect ACNB to post earnings of $0.83 per share and revenue of $26,630.00 billion for the quarter.

ACNB (NASDAQ:ACNB) last posted its earnings results on Thursday, October 24th. The bank reported $0.84 earnings per share for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.04). The company had revenue of $34.07 million for the quarter, compared to the consensus estimate of $27.51 million. ACNB had a return on equity of 10.18% and a net margin of 23.43%. On average, analysts expect ACNB to post $4 EPS for the current fiscal year and $3 EPS for the next fiscal year.

ACNB Stock Performance

NASDAQ ACNB opened at $39.52 on Wednesday. The firm’s fifty day moving average price is $43.12 and its two-hundred day moving average price is $41.88. The stock has a market cap of $337.86 million, a PE ratio of 11.49 and a beta of 0.66. ACNB has a fifty-two week low of $30.24 and a fifty-two week high of $50.72. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.94 and a current ratio of 0.94.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ACNB. StockNews.com raised shares of ACNB from a “sell” rating to a “hold” rating in a research note on Friday, November 15th. Janney Montgomery Scott assumed coverage on shares of ACNB in a research note on Tuesday, November 19th. They issued a “buy” rating and a $53.00 price objective on the stock.

ACNB Company Profile

ACNB Corporation, a financial holding company, offers banking, insurance, and financial services to individual, business, and government customers in the United States. The company provides checking, savings, and money market deposit accounts, as well as time deposits and debit cards. It also offers commercial lending products, such as commercial mortgages, real estate development and construction loans, accounts receivable and inventory financing, and agricultural and governmental loans; consumer lending products, including home equity loans and lines of credit, automobile and recreational vehicle loans, manufactured housing loans, and personal lines of credit; and mortgage lending programs include personal residential mortgages, and residential construction and investment mortgage loans.