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

California BanCorp

30/07/2021 24:45

* California BanCorp  CALB.OQ  reported quarterly adjusted
earnings of 50 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 32
cents per share.
* Revenue rose 25.8% to $14.54 million from a year ago; 
analysts expected $14.50 million. 
* California BanCorp's reported EPS for the quarter was 50
cents​.
* The mean earnings estimate of analysts had risen by
about 14.3% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* California BanCorp shares had fallen by 1.5% this quarter and
gained 18.4% so far this year.
* The company reported quarterly net income of $4.16 million.
* Wall Street's median 12-month price target for California
BanCorp is $22.00 
* 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 July 29 at 11:45 p.m.  ​All
figures in US dollars unless otherwise stated