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

California BanCorp

29/10/2021 01:18

* California BanCorp  CALB.OQ  reported quarterly adjusted
earnings of 39 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was
for earnings of 31 cents per share.
* Revenue rose 24% to $15.14 million from a year ago;  analysts
expected $14.30 million. 
* California BanCorp's reported EPS for the quarter was 39
cents​.
* The mean earnings estimate of analysts had risen by
about 10.7% 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 risen by 1.0% this quarter and
gained 13.8% so far this year.
* The company reported quarterly net income of $3.22 million.
* Wall Street's median 12-month price target for California
BanCorp is $23.00 
* 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 October 29 at 12:18 a.m.
 ​All figures in US dollars unless otherwise stated