Carter Bankshares Q2 Adj. EPS $0.53 Misses $0.76 Estimate, Sales $45.262M Miss $55.913M Estimate

Carter Bankshares (NASDAQ:CARE) reported quarterly earnings of $0.53 per share which missed the analyst consensus estimate of $0.76 by 30.26 percent. This is a 29.27 percent increase over earnings of $0.41 per share from the same period last year. The company reported quarterly sales of $45.262 million which missed the analyst consensus estimate of $55.913 million by 19.05 percent. This is a 21.45 percent increase over sales of $37.267 million the same period last year.