ACNB (ACNB) Expected to Announce Earnings on Thursday

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

ACNB Price Performance

Shares of NASDAQ ACNB opened at $39.52 on Wednesday. The firm’s 50-day moving average price is $43.12 and its 200-day moving average price is $41.88. ACNB has a 1-year low of $30.24 and a 1-year high of $50.72. The firm has a market capitalization of $337.86 million, a P/E ratio of 11.49 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.

Wall Street Analyst Weigh In

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

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.