ACNB (ACNB) Projected to Post Earnings on Thursday

ACNB (NASDAQ:ACNB) is projected to post its quarterly earnings results 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 issued its quarterly earnings data on Thursday, October 24th. The bank reported $0.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by ($0.04). The firm had revenue of $34.07 million during the quarter, compared to analyst estimates of $27.51 million. ACNB had a net margin of 23.43% and a return on equity of 10.18%. 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

ACNB stock opened at $38.73 on Thursday. The stock’s fifty day moving average is $44.05 and its two-hundred day moving average is $41.73. The stock has a market capitalization of $331.10 million, a price-to-earnings ratio of 11.26 and a beta of 0.66. ACNB has a 1 year low of $30.24 and a 1 year 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 Analysts Forecast Growth

Several equities analysts have recently issued reports on ACNB shares. Janney Montgomery Scott started coverage on ACNB in a research note 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 research report on Friday, November 15th.

About ACNB

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.