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Earnings Flashback: Since Reporting Quarterly Results 80 Days Ago Ameris Bancorp Is Up 0.73% (ABCB)

Written on Fri, 07/02/2010 - 7:32pm
By Chip Brian

When Ameris Bancorp (NASDAQ:ABCB) reported earnings 80 days ago on April 13, 2010, analysts, on average, expected the company to report a loss of $0.21 on sales of $26 million.
The company actually reported a loss of $0.17 on sales of $33 million, beating EPS estimates by $0.04 and beating revenues estimates by $7 million.
Since the company's report, share of Ameris Bancorp have risen from $9.64 to $9.71, representing a gain of 0.73% in the past 80 days.
SmarTrend is bearish on shares of Ameris Bancorp and our subscribers were alerted to Sell on June 24, 2010 at $9.94. The stock has fallen 2.3% since the alert was issued.

Keywords: ameris bancorp earnings in review

Ticker(s): ABCB


Company Information For: ABCB

Contact Chip Brian
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