Select Bancorp, Inc. (SLCT) Set to Announce Earnings on Wednesday
Select Bancorp, Inc. (NASDAQ:SLCT) is scheduled to be releasing its Q3 2017 earnings data on Wednesday, November 1st. Analysts expect Select Bancorp to post earnings of $0.19 per share for the quarter.
Select Bancorp (NASDAQ:SLCT) last issued its earnings results on Tuesday, August 1st. The bank reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.07). The company had revenue of $9.05 million during the quarter, compared to analysts’ expectations of $9.28 million. Select Bancorp had a return on equity of 6.44% and a net margin of 17.31%. On average, analysts expect Select Bancorp to post $0.74 EPS for the current fiscal year and $0.86 EPS for the next fiscal year.
Select Bancorp, Inc. (SLCT) opened at 11.60 on Wednesday. Select Bancorp, Inc. has a 52 week low of $7.89 and a 52 week high of $12.75. The stock’s 50 day moving average is $11.65 and its 200 day moving average is $11.72. The stock has a market cap of $135.28 million, a PE ratio of 20.00 and a beta of 0.28.
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Several analysts have recently commented on SLCT shares. Zacks Investment Research downgraded shares of Select Bancorp from a “buy” rating to a “hold” rating in a report on Friday, August 11th. ValuEngine downgraded shares of Select Bancorp from a “buy” rating to a “hold” rating in a report on Friday, July 7th.
About Select Bancorp
Select Bancorp, Inc is the bank holding company for Select Bank & Trust Company (the Bank). The Bank is a commercial bank. The Bank provides commercial and retail financial services to customers located in its market areas. The Bank offers a range of banking services, including checking and savings accounts, commercial, consumer, mortgage and personal loans, and other associated financial services.
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