California BanCorp reports results for the quarter ended in December - Earnings Summary

California BanCorp

28/01/2022 01:43

* California BanCorp  CALB.OQ  reported quarterly adjusted
earnings of 38 cents​​ per share for the quarter ended in
December. The lone analyst forecast for the quarter was
for earnings of 46 cents per share.
    * Revenue rose 9.4% to $14.96 million from a year ago; 
analysts
expected $16.00 million. 
    * California BanCorp's reported EPS for the quarter was 38
cents​.
    * The mean earnings estimate of analysts had risen by
about 43.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * California BanCorp shares had risen by 4.1% this quarter.
    * The company reported quarterly net income of $3.18
million.
    * Wall Street's median 12-month price target for California
BanCorp is $24.00 
    * 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." 

This summary was machine generated January 28 at 01:43 a.m.
 ​All figures in US dollars unless otherwise stated