California BanCorp expected to post earnings of 74cents a share - Earnings Preview

California BanCorp

23/01/2023 11:57

* California BanCorp  CALB.OQ   CALB.O  is expected to show
a rise
in quarterly revenue when it reports  results on January 25
(estimated). 
    * The Oakland California-based  company is expected to
report  a
41.2% increase in revenue to $21.122 million from $14.96 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for California BanCorp
is for
earnings of 74 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 $27.5​, above​ its last closing price of $23.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.63        0.63       0.66      Beat    5.6
 Jun. 30 2022  0.40        0.40       0.51      Beat    27.5
 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.        0.31        0.31       0.39      Beat    25.8
 30 2021                                                
 Jun. 30 2021  0.32        0.32       0.50      Beat    56.3​
 Mar. 31 2021  0.27        0.27       0.34      Beat    25.9
 Dec. 31 2020  0.09        0.09       0.22      Beat    144.4
 This summary was machine generated January 23 at 11:57 GMT.  All
figures in US dollars  unless otherwise stated