Capital Bancorp Inc expected to post earnings of 50 cents a share - Earnings Preview

Capital Bancorp

16/04/2024 21:03

* Capital Bancorp Inc  CBNK.OQ   CBNK.O  is expected to show
a
rise in quarterly revenue when it reports  results on April 18
(estimated) for the period ending March 31 2024
    * The Rockville Maryland-based  company is expected to
report a
0.4% increase in revenue to $40.688 million from $40.51 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Capital Bancorp Inc is
for
earnings of 50 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 Capital
Bancorp
Inc is $25.00​, above​ its last closing price of $19.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.64        0.62       0.65      Beat    4.5
 Sep. 30 2023  0.59        0.59       0.70      Beat    18.2
 Jun. 30 2023  0.54        0.54       0.52      Missed  -3.3​
 Mar. 31 2023  0.53        0.57       0.68      Beat    18.5
 ​​Dec.        0.75        0.75       0.62      Missed  -17.6
 31 2022                                                
 Sep. 30 2022  0.71        0.73       0.77      Beat    5.8​
 Jun. 30 2022  0.61        0.61       0.80      Beat    31.9
 Mar. 31 2022  0.58        0.59       0.71      Beat    21.4
 This summary was machine generated April 16 at 20:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)