California BanCorp expected to post earnings of 46 cents a share - Earnings Preview

California BanCorp

24/01/2022 21:24

* California BanCorp  CALB.OQ   CALB.O  is expected to show
a rise
in quarterly revenue when it reports  results on January 26
(estimated). 
    * The Oakland California-based  company is expected to
report  a
17.0% increase in revenue to $16 million from $13.68 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 46 cents 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 1 "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​, about 11% above​ its last closing price
of $21.37. ​​​

This summary was machine generated January 24 at 21:24 GMT.  All
figures in US dollars  unless otherwise stated