ACNB (ACNB) Projected to Post Earnings on Thursday

ACNB (NASDAQ:ACNB) is anticipated to announce its earnings results before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.83 per share and revenue of $26,630.00 billion for the quarter.

ACNB (NASDAQ:ACNB) last released its quarterly earnings data on Thursday, October 24th. The bank reported $0.84 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.04). The company had revenue of $34.07 million during the quarter, compared to analysts’ expectations 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 Up 2.1 %

ACNB opened at $38.73 on Thursday. ACNB has a 12 month low of $30.24 and a 12 month high of $50.72. The company has a market cap of $331.10 million, a P/E ratio of 11.26 and a beta of 0.66. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.83. The business’s 50-day moving average price is $44.05 and its 200-day moving average price is $41.73.

Wall Street Analyst Weigh In

ACNB has been the topic of a number of research analyst reports. Janney Montgomery Scott initiated coverage on ACNB in a report on Tuesday, November 19th. They set a “buy” rating and a $53.00 price target on the stock. StockNews.com upgraded ACNB from a “sell” rating to a “hold” rating in a report on Friday, November 15th.

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.