Capital Bancorp Inc expected to post earnings of 59  cents a share - Earnings Preview

Capital Bancorp

16/10/2023 12:25

* Capital Bancorp Inc  CBNK.OQ   CBNK.O  is expected to show
a
fall in quarterly revenue when it reports  results 
    * The Rockville Maryland-based  company is expected to
report  a
3.0% decrease in revenue to $42.458 million from $43.79 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Capital Bancorp Inc
is
for earnings of 59 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 $23​, above​ its last closing price of $19.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.75        0.75       0.62      Missed  -17.6​
 Sep. 30 2022  0.71        0.73       0.77      Beat    5.8
 ​​Jun.        0.61        0.61       0.80      Beat    31.9
 30 2022                                                
 Mar. 31 2022  0.58        0.59       0.71      Beat    21.4​
 Dec. 31 2021  0.68        0.68       0.71      Beat    4.4
 Sep. 30 2021  0.60        0.60       0.79      Beat    32.2
 This summary was machine generated October 16 at 11:25 GMT.  All
figures in US dollars  unless otherwise stated