Benzinga | Jul 22, 2021 06:23AM EDT

Cadence Bancorp Q2 EPS $0.80 Beats $0.51 Estimate, Sales $185.00M Beat $177.91M Estimate

Cadence Bancorp (NYSE:CADE) reported quarterly earnings of $0.80 per share which beat the analyst consensus estimate of $0.51 by 56.86 percent. This is a 277.78 percent increase over losses of $(0.45) per share from the same period last year. The company reported quarterly sales of $185.00 million which beat the analyst consensus estimate of $177.91 million by 3.99 percent. This is a 0.18 percent increase over sales of $184.66 million the same period last year.