California BanCorp expected to post earnings of 63cents a share - Earnings Preview

California BanCorp

24/10/2022 13:03

* California BanCorp  CALB.OQ   CALB.O  is expected to show
a rise
in quarterly revenue when it reports  results on October 26
(estimated). 
    * The Oakland California-based  company is expected to
report  a
23.5% increase in revenue to $18.7 million from $15.14 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 63 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 $24.5​, above​ its last closing price of $20.55. ​​​

This summary was machine generated October 24 at 12:03 GMT.  All
figures in US dollars  unless otherwise stated