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CUBI PR F - Customers Bancorp Inc News Story

$25.12 -0.0  -0.2%

Sector
Financials
Size
Mid Cap
Market Cap £1.38bn
Enterprise Value £1.75bn
Revenue £526.5m
Position in Universe th / 7292

Customers Bancorp Inc expected to post earnings of $1.54 a share - Earnings Preview

Tue 27th April, 2021 1:42am
* Customers Bancorp Inc  CUBI.N   CUBI.K  is expected to show
a rise in quarterly revenue when it reports results on April 28.
* The West Reading, Pennsylvania-based company is expected to
report  a 59.6% increase in revenue to $129.769 million from
$81.32 million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Customers Bancorp Inc
is for earnings of $1.54 per share. For the same quarter last
year, the company reported earnings of 22 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months.​
* Wall Street's median 12-month price target for Customers
Bancorp Inc is $36.5​, about 11.5% above​ its last closing price
of $32.29. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  1.61        1.59       1.65      Beat    3.7
 Sep. 30 2020  0.99        1.00       1.48      Beat    48.7
 Jun. 30 2020  0.42        0.44       0.62      Beat    40.9​
 Mar. 31 2020  0.41        0.43       0.22      Missed  -48.4
 Dec.          0.75​       0.74       0.77      Beat    4.3​
 31​ 2019​                                              
 Sep. 30 2019  0.71        0.71       0.79      Beat    11.3​
 Jun. 30 2019  0.24        0.28       0.38      Beat    34.8
 Mar. 31 2019  0.38        0.39       0.38      Missed  -3.3
 This summary was machine generated April 27 at 00:42 GMT.  All
figures in US dollars unless otherwise stated
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