California BanCorp expected to post earnings of 40  cents a share - Earnings Preview

California BanCorp

26/07/2022 03:04

* California BanCorp  CALB.OQ   CALB.O  is expected to show
a rise
in quarterly revenue when it reports  results on July 27
(estimated). 
    * The Oakland California-based  company is expected to
report  a
11.4% increase in revenue to $16.2 million from $14.54 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for California BanCorp
is for
earnings of 40 cents per share. For the same quarter last year,
the company reported earnings of 50 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"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 California
BanCorp is $24.75​, above​ its last closing price of $19.83. ​​​

This summary was machine generated July 26 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated