ACNB (ACNB) Expected to Announce Quarterly Earnings on Thursday

ACNB (NASDAQ:ACNB - Get Free Report) is projected to issue its quarterly earnings data 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 - Get Free Report) 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 business had revenue of $34.07 million during the quarter, compared to analyst estimates 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 Down 0.1 %

ACNB stock traded down $0.04 during mid-day trading on Thursday, reaching $38.69. 61,650 shares of the company traded hands, compared to its average volume of 23,345. The stock has a market cap of $330.80 million, a price-to-earnings ratio of 11.25 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 firm's 50 day moving average price is $43.81 and its 200 day moving average price is $41.70. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.83.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. 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 for the company. StockNews.com upgraded shares of ACNB from a "sell" rating to a "hold" rating in a research note 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.