California BanCorp expected to post earnings of 62  cents a share - Earnings Preview

California BanCorp

23/10/2023 12:14

* California BanCorp  CALB.OQ   CALB.O  is expected to show
a fall
in quarterly revenue when it reports  results 
    * The Oakland California-based  company is expected to
report  a
0.1% decrease in revenue to $19.819 million from $19.85 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for California BanCorp
is for
earnings of 62 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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​, above​ its last closing price of $20.06. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.61        0.59       0.65      Beat    9.6
 Mar. 31 2023  0.67        0.67       0.64      Missed  -4.5
 Dec. 31 2022  0.74        0.74       0.91      Beat    23​
 Sep. 30 2022  0.63        0.63       0.66      Beat    5.6
 ​​Jun.        0.40        0.40       0.51      Beat    27.5
 30 2022                                                
 Mar. 31 2022  0.42        0.42       0.44      Beat    4.8​
 Dec. 31 2021  0.46        0.46       0.38      Missed  -17.4
 Sep. 30 2021  0.31        0.31       0.39      Beat    25.8
 This summary was machine generated October 23 at 11:14 GMT.  All
figures in US dollars  unless otherwise stated