Community Trust Bancorp (CTBI) is experiencing a strong upward trend in earnings estimates, with analysts increasing their projections significantly. For the current quarter, the company is expected to earn $1.39 per share, representing a year-over-year increase of 13%. Additionally, the full-year estimate stands at $5.35 per share, up 16.1% from the previous year.
Over the past 30 days, the Zacks Consensus Estimate for CTBI has risen by 7.36%, showcasing two upward revisions with no negative changes. This positive outlook has earned Community Trust Bancorp a Zacks Rank #2 (Buy), demonstrating strong analyst confidence in its earnings growth potential.
