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CUBS - Customers Bancorp Inc News Story

$24.82 -0.2  -0.8%

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Customers Bancorp Inc expected to post earnings of $1.98 a share - Earnings Preview

Tue 26th October, 2021 1:02am
* Customers Bancorp Inc  CUBI.N   CUBI.K  is expected to show a
rise in quarterly revenue when it reports results on October
27. 
* The West Reading, Pennsylvania-based company is expected to
report  a 43.9% increase in revenue to $154.572 million from
$107.44 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 $1.98 per share. For the same quarter last
year, the company reported earnings of $1.48 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 $52​, about 8% above​ its last closing price
of $47.84. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  2.05        2.05       1.82      Missed  -11.4
 Mar. 31 2021  1.54        1.54       1.01      Missed  -34.4
 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.          0.42​       0.44       0.62      Beat    40.9​
 30​ 2020​                                              
 Mar. 31 2020  0.41        0.43       0.22      Missed  -48.4​
 Dec. 31 2019  0.75        0.74       0.77      Beat    4.3
 Sep. 30 2019  0.71        0.71       0.79      Beat    11.3
 This summary was machine generated October 26 at 00:01 GMT.  All
figures in US dollars unless otherwise stated
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