Capital Bancorp Inc expected to post earnings of 57  cents a share - Earnings Preview

Capital Bancorp

14/04/2023 12:23

* Capital Bancorp Inc  CBNK.OQ   CBNK.O  is expected to show
a
rise in quarterly revenue when it reports  results on April 18
(estimated). 
    * The Rockville Maryland-based  company is expected to
report  a
0.5% increase in revenue to $41.836 million from $41.62 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Capital Bancorp Inc
is
for earnings of 57 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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 $22.5​, above​ its last closing price of $16.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.75        0.75       0.62      Missed  -17.6
 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
 ​​Dec.        0.68        0.68       0.71      Beat    4.4
 31 2021                                                
 Sep. 30 2021  0.60        0.60       0.79      Beat    32.2​
 Jun. 30 2021  0.50        0.49       0.68      Beat    40.2
 Mar. 31 2021  0.59        0.57       0.65      Beat    15
 This summary was machine generated April 14 at 11:23 GMT.  All
figures in US dollars  unless otherwise stated